Rising negative equity in car trades is leaving many Americans with an average of $6,905 added to new auto loans ...

More Americans are trading in cars worth less than they owe, with negative equity and rising debt hitting record highs, ...

More Americans are trading in underwater vehicles. That does not mean the vehicles are submerged. In a sense, the drivers are ...

The newest auto-finance data Edmunds released on Wednesday focused specifically on new-vehicle purchases and excluded used.

This is the highest share Edmunds has reported in four years, meaning a growing number of people are dragging additional debt ...

Being underwater on a car loan isn’t catastrophic, but it does require discipline to escape. The first step is prevention: ...

About 28% of trade-ins toward new cars were underwater last quarter, meaning owners owed more than their vehicles were worth ...

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 ...

Being upside-down is generally never a good thing. In the case of a car loan, it means you owe more than the value of your ride. This situation isn't unusual if you financed with a high-interest loan.

Are you ready to upgrade to a new car? Before going to the dealership, you should consider the pros and cons of trading in your vehicle.

New Edmunds data shows that 1 in 4 trade-ins toward new cars had negative equity last quarter and buyers owe even more. New cars are expensive. According to data from Kelley Blue Book and Cox ...

The sheer amount of debt consumers are carrying in their trade-ins should be a wake up call,” Ivan Drury, Edmunds’ director ...