The share of trade-ins with "negative equity" — meaning the owner owes much more on their loan than their car is worth — was hovering at about 25% at the end of 2024, accordin ...

Some auto consumers faced negative equity in 2024, but many had strong or stable equity positions that offset challenges in ...

Let’s say your mother, 61, still owes $30,000 on a 2018 Chevrolet Bolt, but it's only worth $13,750. She wouldn't be alone in ...

Edmunds reported that Americans are trading in vehicles with record-high negative equity, leading to a never-ending mountain ...

One in four trade-ins associated with a new car or truck purchase in the fourth quarter last year was 'upside down,' ...

Auto loan debt is the second-largest category of U.S. consumer debt, trailing mortgages. Americans owe $1.644 trillion in ...

New data and analysis from Edmunds and Cox Automotive’s Kelley Blue Book focused on new-vehicle financing, reinforcing how ...

Negative equity means you owe more on your home than it’s worth, which is problematic if you want to sell, refinance or borrow against your ownership stake. You’ve been hearing a lot about ...

There is little sign of crimped demand for equities among individual investors, who remain bullish after two years of ...

One in four trade-ins is underwater, compared with one in five in Q3, 2023. Of those with negative equity, a quarter owe more than $10k, Edmunds reports. Getting your hands on a brand new (or new ...

A recent report indicates that an increasing number of car buyers have trade-ins with negative equity as monthly payments and ...