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Mainstream vehicle owners who bought a car seven years ago are likely to have positive equity when trading in for a new vehicle, according to second-quarter Edmunds data.
Read More →As such trade-ins rise in frequency, so do monthly loan payment amounts and interest rates, according to second-quarter data compiled by Edmunds.
Read More →The amounts owed on under-water trade-ins reach new highs.
Read More →Percentage in negative equity grows, and average amount owed reaches a record in Q4.
Read More →Interest rates and prices keep payments, negative-equity share high.
Read More →Fourth-quarter numbers show the consequences of pandemic-era practices.
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