This is the highest share Edmunds has reported in four years, meaning a growing number of people are dragging additional debt ...
Being underwater on a car loan isn’t catastrophic, but it does require discipline to escape. The first step is prevention: ...
Being upside-down is generally never a good thing. In the case of a car loan, it means you owe more than the value of your ride. This situation isn't unusual if you financed with a high-interest loan.
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Trading in your car? The debt you carry could cost you $6,905 more
Rising negative equity in car trades is leaving many Americans with an average of $6,905 added to new auto loans ...
Trading in a vehicle is now easier than ever with online appraisal tools and services like CarMax and Carvana. Factors affecting trade-in value include vehicle age, mileage, condition, and demand, ...
When purchasing a new or used car, savvy buyers take steps to get the best possible price for their desired vehicle. Presenting a trade-in car at the time of purchase is arguably the best method of ...
The average car loses 31.0% of its value after 3 years, but yellow cars only lose 24.0%, while gold cars lose 34.4% of their value Gold, white, and black cars drop the most in value, losing over ...
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, ...
Ready to trade in your Model Y? Here’s how much you can expect to get for it The Tesla brand has taken quite a hit lately. Though it still makes quality EVs, many people are eschewing Tesla, and some ...
Kelley Blue Book reports the average price for a new car hit a record high in September. It's the first time prices for new ...
Trading in a car can seem like the easiest way to upgrade your ride, but for some models, the dealer’s offer will feel like an insult. In 2025, several vehicles are facing such steep depreciation and ...
It's been a rough go for Tesla since the release of their Cybertruck in 2023. The electric pickup truck has had a string of recalls, and the company has had its share of political pushback due to ...
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