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 ...
Guessing Headlights on MSN
Nearly 1 in 3 Americans are underwater on their car loans—and the hole just got deeper
New data shows nearly 30% of car trade-ins are "underwater," with owners owing a record $7,214 more than their vehicle's value. This negative equity is reshaping auto loans and trapping many Americans ...
A nearly life-size car made of concrete weighing over 14 tons was slowly lowered to the ocean floor on Monday, just a short swim from the sands of Miami Beach. It’s the first of a small fleet of ...
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 than one in four car trade-ins are underwater, a four-year high, according to Edmunds. Underwater car owners are carrying thousands in debt into new loans, with some owing over $15,000. Buyers ...
MIAMI BEACH, Fla. (AP) — South Florida is seeing a wave of new cars, but they won't add to traffic or lengthen anyone's commute. That's because the cars are made of marine-grade concrete and were ...
MIAMI BEACH, Fla. (AP) — South Florida is seeing a wave of new cars, but they won’t add to traffic or lengthen anyone’s commute. That’s because the cars are made of marine-grade concrete and were ...
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