Falling electric vehicle (EV) prices are leaving a growing number of drivers in negative equity, a top dealership chain has ...
Negative equity essentially happens because cars depreciate. As this depreciation happens at different rates, and can be ...
Negative equity in old cars being traded in for new cars is at an all-time high. According to a new study from Edmunds, 24.2 ...
Negative equity happens when the value of an asset, like a car or home, is less than the remaining balance on the loan used to buy it. This is also known as being “underwater” or “upside ...
The share of Americans who are upside down on their auto loans is on the rise. 24.2% of trade-ins toward new vehicle purchases had negative equity, up from 23.9% in Q2 2024 and 18.5% in Q3 2023.
In March, Edmunds said “negative equity is rearing its ugly head.” After looking at its third-quarter data that showed ...
U.S. Senators Elizabeth Warren (D-Mass.) and Richard Blumenthal (D-Conn.) have written to Health and Human Services (HHS) ...
Vertu Motors warned that EVs coming off financing agreements have been found to be worth less than the loans used to pay for ...
Negative equity happens when the value of an asset, like a car or home, is less than the remaining balance on the loan used ...