You might be able to trade in a car with negative equity, but it doesn’t always make sense ...
More drivers owe way more than their cars are worth and it’s hard to see things improving soon ...
In the fourth quarter of 2025, 29.3% of trade-ins toward new car purchases had negative equity, according to new data from car website Edmunds. The average amount owed on trade-ins with negative ...
Finance companies are rolling record amounts of negative equity into the new-vehicle paper they’re originating nowadays. While providers might be prudent as to how deep down the credit spectrum the ...
Negative equity can be significant hurdle to clear when dealerships handle trades, as Edmunds recently reported 7.7% of trade-ins toward a new-vehicle purchase during the second quarter were upside ...
If you have an outstanding loan, you have options for selling your car, including trading it in at a dealership or selling to a private party ...
Getting your hands on a brand new (or new-to-you) car is a great feeling. Not so great is the realization that you owe more on the loan for your old car than the vehicle is worth when you come to ...
Edmunds reported that Americans are trading in vehicles with record-high negative equity, leading to a never-ending mountain of debt The number of Americans who owe more on their car loans than their ...
The average new car loan has a term of 68.48 months, according to the credit rating agency Experian – nearly six years of being married to your new ride. And that's just the average. Nowadays, ...