1 in 4 new car trade-ins are now ‘underwater’ — a 4-year high as more owners drag major debt into new buys. Here’s how to avoid drowning in auto loans

This is the highest share Edmunds has reported in four years, meaning a growing number of people are dragging additional debt ...
Motor1.com on MSN

Texas Woman Wants to Trade In $78K Car She Owes $57K On. Then It’s Appraised at $40K. Should She Refinance?

Texas Woman Wants to Trade In $78K Car She Owes $57K On. Then It’s Appraised at $40K. Should She Refinance? A Texas woman is ...
USA Today

Americans are falling behind on car loans. Here's how to catch up.

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 of 2025, Edmunds reports. In auto industry parlance ...
Fox Business

New car down payments hit 4-year low as buyers struggle with affordability challenges

Car shoppers are facing affordability challenges in the market for new vehicles despite average down payments dipping to nearly the lowest level in four years, according to a new report. An analysis ...
Benzinga.com

He Cycled Through 11 Cars In 11 Years. The 'Absurd Payments' Were Justified By, 'I Work Hard So I Deserve This'

A 34-year-old husband and father of twin boys says he’s finally breaking free from a long-running financial pattern: buying new vehicles he couldn't afford. From 2014 to this year, he bought 11 cars, ...
Yahoo

Customer claims Orlando car dealership didn’t pay off trade-in, ruined his credit

Under Florida law, car dealerships are supposed to pay off trade-in balances within 10 business days, but it doesn’t appear that happened for Oliver Mendoza. When Mendoza bought a car from Benji Auto ...