The average new car loan has a term of 68.48 months, according to the credit rating agency Experian – nearly six years of being married to your new ride. And that's just the average. Nowadays, ...
The Daily Overview on MSN
One in four trade ins are underwater on new car deals
In a troubling development for car buyers, recent analysis reveals that 1 in 4 new car trade-ins are now ‘underwater', ...
A growing number of consumers are trading in cars and trucks that are worth much less than the amount of money they still owe on their auto loans — and what they owe is shattering records. Get a new ...
Being upside down on your auto loan - when you owe more on your car than it's worth - is something Car Pro Show host Jerry ...
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 ...
Americans are sinking deeper into auto debt. According to new data from Edmunds, the average amount owed on an “upside-down” ...
This is the highest share Edmunds has reported in four years, meaning a growing number of people are dragging additional debt ...
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 ...
The most important things you need to buy a car are the following items: your driver's license, method of downpayment, and proof of car insurance, plus the title, registration and loan information for ...
More Americans are trading in underwater vehicles. That does not mean the vehicles are submerged. In a sense, the drivers are ...
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