The average amount owed on car trade-ins with negative equity rose to $7,214 — an all-time high, according to new data from ...
Almost 30% of recent new car buyers were underwater on loans for their trade-ins, according to new data released by Edmunds.com.
More Americans are trading in underwater vehicles. That does not mean the vehicles are submerged. In a sense, the drivers are. More than one in four trade-ins had negative equity in the third quarter ...
The average amount owed on trade-ins with negative equity hit $7,214, and one-in-four trade-ins had over $10,000 in negative ...
More car buyers are finding themselves in a tough spot financially. According to a recent report from Edmunds, more than 26% of new-vehicle trade-ins in the second quarter of 2025 had negative equity ...
Santa Monica, Calif., Oct. 15, 2025 (GLOBE NEWSWIRE) -- More Americans are finding themselves upside down on their car loans, according to the car shopping experts at Edmunds. Q3 2025 data from ...
A growing share of car owners are underwater on their auto loans, reports the car-buying resource Edmunds. According to a second quarter report, 26.6% of trade-ins toward new-car purchases had ...