This is the highest share Edmunds has reported in four years, meaning a growing number of people are dragging additional debt ...
More Americans are trading in underwater vehicles. That does not mean the vehicles are submerged. In a sense, the drivers are ...
Rising negative equity in car trades is leaving many Americans with an average of $6,905 added to new auto loans ...
More Americans are trading in cars worth less than they owe, with negative equity and rising debt hitting record highs, ...
Newly published data from Edmunds shows that car loan debt on trade-ins has hit an all-time high as the new car affordability ...
The newest auto-finance data Edmunds released on Wednesday focused specifically on new-vehicle purchases and excluded used.
A rising number of Americans are trading in vehicles worth less than what they owe, the latest sign of stress in the ...
Buying a new car has never been more financially daunting. A 2025 analysis from Edmunds found that a record 19.3% of consumers who financed a new vehicle in the second quarter of 2025 committed to a ...
Auto debt has overtaken student loans as the largest non-mortgage debt category, with Americans owing roughly $1.66 trillion ...
New Edmunds data shows that 1 in 4 trade-ins toward new cars had negative equity last quarter and buyers owe even more. New cars are expensive. According to data from Kelley Blue Book and Cox ...
Being upside-down is generally never a good thing. In the case of a car loan, it means you owe more than the value of your ride. This situation isn't unusual if you financed with a high-interest loan.
(iSeeCars) – You’re about to start the car buying process. Which likely means you’re asking yourself that eternal question: What should I do with my used car? Sell it, or trade it in? There are ...