If you have a car loan, we have a math assignment for you. Find an online car value calculator. Figure out how much your vehicle is worth. Then look up your loan balance and compare that number to ...
Cox Automotive spotted a steady start to the year on the credit front, despite some turbulence involving negative equity, ...
With so many drivers owing more on their auto loans than what their car is actually worth, prospective buyers should consider their options ...
If a person owes more on a car than it’s worth, they have negative equity or are considered underwater on their auto loan. Equity for vehicles equals trade-in value minus the loan balance. Let’s say ...
A rise in negative equity and exposure to student debt are creating “pockets of vulnerability” for U.S. homeowners. That’s according to ICE Mortgage Technology‘s July 2025 Mortgage Monitor report ...
Negative equity can be significant hurdle to clear when dealerships handle trades, as Edmunds recently reported 7.7% of trade-ins toward a new-vehicle purchase during the second quarter were upside ...
The number of Americans who owe more on their car loans than their vehicles are worth has reached an all-time high, according to new data from Edmunds. In the fourth quarter of 2024, nearly 25% of ...
If your car's current value is less than the amount you owe, you have negative equity. This is also known as being upside down on your auto loan. When the time comes to purchase a new car, having ...
More Americans are trading in underwater vehicles. 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 ...
Homeowner equity gains have slowed across the United States, with more borrowers falling into negative equity as home price growth stalls, according to a new report from property analytics firm ...
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