More Americans are trading in underwater vehicles. That does not mean the vehicles are submerged. In a sense, the drivers are ...
Newly published data from Edmunds shows that car loan debt on trade-ins has hit an all-time high as the new car affordability ...
More Americans are trading in cars worth less than they owe, with negative equity and rising debt hitting record highs, ...
Nearly 1 in 4 car owners owe more on their trade-ins than the vehicle is worth, pushing the national average for upside-down ...
This is the highest share Edmunds has reported in four years, meaning a growing number of people are dragging additional debt ...
Being underwater on a car loan isn’t catastrophic, but it does require discipline to escape. The first step is prevention: ...
This photo provided by Edmunds shows a lineup of used cars at a Nissan dealership in Fresno, Calif. Used car prices are rising, but being open to alternatives to your ideal car may help uncover better ...
If you’re shopping for a used car this summer, you may have noticed something frustrating: Prices are climbing again. According to the latest Edmunds’ Used Car Report, the average transaction price ...
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