Negative equity is when you owe more on a car than the car is worth, leaving you "upside down" or "underwater" on your loan. This continues to be a growing problem, as is the amount of negative equity ...
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 ...
As vehicle prices continue to rise, many consumers are turning to longer loan terms, with 7-year car loans becoming ...
More new-car shoppers are taking on seven-year loans, a trend that underscores the rising cost of financing a vehicle. Seven-year loans made up 19.8% of all new vehicle financing by dealers in the ...
Compare auto lenders that work with low credit scores, and explore strategies to improve approval odds and reduce rates Written By Written by Staff Senior Editor, Buy Side Miranda Marquit is a staff ...
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 ...