One in four trade-ins associated with a new car or truck purchase in the fourth quarter last year was 'upside down,' ...
GARLAND, Maine (WABI) - The Dexter Fire Department says a man is lucky to be alive after crashing his car in Garland ...
Get a new car or truck when you owe nearly $7,000 more than the old one is worth? And it's only worse if you're trying to trade in an electric vehicle. Being upside down, if you will, leaves ...
A growing number of consumers are trading in cars and trucks that are worth much less than the amount of money they still owe on their auto loans — and what they owe is shattering records.
Police and the fire service were pictured at the scene of the Malpas area of Newport on Tuesday afternoon while a helicopter ...
24.9% of trade-ins toward new-car purchases had negative equity, up from 24.2% in Q3 2024 and 20.4% in Q4 2023. Americans with upside-down car loans owe more money than ever before. The average ...
it wasn’t too long ago when more than a third of trade-ins toward new-car purchases were upside down,” said Jessica Caldwell, Edmunds’ head of insights. “What’s particularly alarming in ...