Having an upside-down car loan, or negative equity, doesn’t exclude you from trading in your vehicle. You can trade in a car ...
Negative equity is hitting record levels as more U.S. car buyers trade in vehicles they owe more on than they’re worth.
When drivers trade in early, they usually roll that leftover debt into the next loan. Edmunds says buyers carrying negative ...
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 ...
The newest auto-finance data Edmunds released on Wednesday focused specifically on new-vehicle purchases and excluded used. But it still showed the conundrum lenders are facing nowadays associated ...
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 ...