The rise in negative equity comes as more Americans are falling behind on car payments. Nearly 6.5% of subprime auto loans, ...
Trading in a vehicle is now easier than ever with online appraisal tools and services like CarMax and Carvana. Factors affecting trade-in value include vehicle age, mileage, condition, and demand, ...
October is spooky season and what may give some consumers a jump-scare is the average price tag they’ll see on a used vehicle ...
This is the highest share Edmunds has reported in four years, meaning a growing number of people are dragging additional debt ...
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, ...
Walking into a car dealership can feel like stepping onto a chessboard where you’re not quite sure of all the rules. Whether you’re buying new or used, the experience involves navigating financing ...
As we all brace for the full impact of tariffs to hit car prices, one thing is certain: Vehicles already in the U.S. don’t have to pay any import fees. That’s why shoppers rushed to purchase new cars ...
Trading in a car can seem like the easiest way to upgrade your ride, but for some models, the dealer’s offer will feel like an insult. In 2025, several vehicles are facing such steep depreciation and ...
Nearly 1 in 4 car owners owe more on their trade-ins than the vehicle is worth, pushing the national average for upside-down ...
Being underwater on a car loan isn’t catastrophic, but it does require discipline to escape. The first step is prevention: ...