How to Trade In a Car With Negative Equity

You might be able to trade in a car with negative equity, but it doesn’t always make sense ...

Underwater car trade-ins are on the rise — and drivers owe a record amount, Edmunds finds

The average amount owed on car trade-ins with negative equity rose to $7,214 — an all-time high, according to new data from ...
Steel Horse Rides on MSN

Drivers say the trade-in process has become a trap

For many drivers, handing over the keys to an old vehicle used to feel like […] ...
KSTP

Car trade-ins with drivers owing a record amount on the rise

Car trade-ins with drivers owing a record amount are on the rise. New numbers from the car website Edmunds show that those ...

Underwater loans hit nearly one-third of car buyers

Almost 30% of recent new car buyers were underwater on loans for their trade-ins, according to new data released by Edmunds.com.
Wall Street Journal

Should You Trade In or Refinance Your Car?

A trade-in is ideal for getting a different vehicle, while refinancing might save you money Written By Written by Staff Loan Writer, Buy Side Bob Haegele is a staff loan writer at Buy Side covering ...