You might be able to trade in a car with negative equity, but it doesn’t always make sense ...
Negative equity is hitting record levels as more U.S. car buyers trade in vehicles they owe more on than they’re worth.
More drivers owe way more than their cars are worth and it’s hard to see things improving soon ...
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 ...
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 ...
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 ...
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 ...
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