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We Just Found More Cars in the River Than in a Used Lot
We were expecting nails, bikes, maybe a safe not a full underwater junkyard. One magnet throw turned into the discovery of ...
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 ...
A growing share of car owners are underwater on their auto loans, reports the car-buying resource Edmunds. According to a second quarter report, 26.6% of trade-ins toward new-car purchases had ...
More car buyers are finding themselves in a tough spot financially. According to a recent report from Edmunds, more than 26% of new-vehicle trade-ins in the second quarter of 2025 had negative equity ...
More car buyers are finding themselves in a tough spot financially. According to a recent report from Edmunds, more than 26% of new-vehicle trade-ins in the second quarter of 2025 had negative equity ...
Edmunds reports that negative equity occurs when car loans exceed vehicle value, impacting many buyers; strategies exist to ...
Gearing up to buy a new car is an exciting prospect that, for two-thirds of Americans, comes along at least once every five years. Put another way, the average U.S. citizen owns 9.4 new cars during ...
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