A surprising number of Americans venturing onto car dealership lots in 2026 are discovering that they still owe more on their old car than it is actually worth. That predicament is known in the ...
According to a new report, more than 25% of new-car buyers in the United States are underwater on their existing car loans. While that may sound alarming to financially responsible consumers, that’s ...
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 of 2025, Edmunds reports. In auto industry parlance ...
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 ...
More than one in four car trade-ins are underwater, a four-year high, according to Edmunds. Underwater car owners are carrying thousands in debt into new loans, with some owing over $15,000. Buyers ...
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