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

A growing share of car owners are underwater on their auto loans, reports the car-buying resource Edmunds. According to a ...
USA Today

When is it a good time to sell or trade in your car? How to maximize your used car's value

New cars can lose over 20% of their original value in just a year due to depreciation. Five years into ownership, a new car can lose 60% of its original value. Well-maintained vehicles have the best ...

Americans are underwater on car loans. They're buying new cars anyway.

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

1 in 4 new car trade-ins are ‘underwater,’ marking a 4-year high — 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 ...
autoevolution

Amazon Plans To Sell Used Cars, Will Offer Trade-In and Financing Services

Amazon is planning to enter the used car market and help dealers sell pre-owned vehicles. The online retail giant has been selling new Hyundais since 2024, based on a partnership announced at the Los ...