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 ...
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 ...
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, according to data from ...
Auto loan debt is the second-largest category of U.S. consumer debt, trailing mortgages. Americans owe $1.644 trillion in ...
The number of households in negative equity will jump by almost 50% over the next couple of years, leaving thousands as potential mortgage prisoners with homes that are hard-to-sell or remortgage.
New data and analysis from Edmunds and Cox Automotive’s Kelley Blue Book focused on new-vehicle financing, reinforcing how ...
Some auto consumers faced negative equity in 2024, but many had strong or stable equity positions that offset challenges in ...
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 ...
While macro-level demand for medical supplies is expected to keep growing, CAH is plagued by negative equity. Although the firm has a positive earnings outlook for FY25, its profit margin lags ...
More car owners are upside down on their car loans than ever before. Price hikes during an inventory shortage four years ago are to blame. Dealers who remained disciplined on pricing are now ...
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