The newest auto-finance data Edmunds released on Wednesday focused specifically on new-vehicle purchases and excluded used. But it still showed the conundrum ...
The rise in negative equity comes as more Americans are falling behind on car payments. Nearly 6.5% of subprime auto loans, ...
More Americans are trading in cars worth less than they owe, with negative equity and rising debt hitting record highs, ...
Being underwater on a car loan isn’t catastrophic, but it does require discipline to escape. The first step is prevention: Buy smart, make a solid down payment, and avoid an overly long loan. If ...
This is the highest share Edmunds has reported in four years, meaning a growing number of people are dragging additional debt ...
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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What Is Negative Equity on a Loan?
Negative equity happens when the value of an asset, like a car or home, is less than the remaining balance on the loan used to buy it. This is also known as being “underwater” or “upside down” on a ...
Keep or trade your 7-year-old car? Use the 7.6-year benchmark, a $3,000 repair threshold, and 150,000 miles to nail your 2025 ...
Homeowner equity gains have slowed across the United States, with more borrowers falling into negative equity as home price growth stalls, according to a new report from property analytics firm ...
The Reserve Bank’s renovation project continues to threaten its finances, and despite a significant profit the government ...
More car buyers are finding themselves in a tough spot financially. According to a recent report from Edmunds, more than 26% of new-vehicle trade-ins in the second quarter of 2025 had negative equity ...
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