Americans are sinking deeper into auto debt. According to new data from Edmunds, the average amount owed on an “upside-down” ...
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 ...
In a troubling development for car buyers, recent analysis reveals that 1 in 4 new car trade-ins are now ‘underwater', ...
This is the highest share Edmunds has reported in four years, meaning a growing number of people are dragging additional debt ...
And it takes longer to build equity. “The longer your finance terms are, the less you chip away in the first couple years,” ...
These are the cars Americans are trading in faster than they can drive them A disturbing trend is unfolding in America’s ...
Buying a car with no down payment? Explore low-money financing, trade-ins, co-signers and used cars to boost approval, lower ...
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 ...
It's the age-old question for car owners: maximize a car's trade-in value and replace it early or drive it long term and wait until you get that last mile before trading it for a new vehicle. So when ...
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 ...
If you're thinking about trading in your car this year, you're not alone. In a recent Automotive Consumer Study, 51% of drivers said they are ready for something new, whether it’s upgrading to a more ...
Review your credit report, know your credit score and, yes, freeze your credit before stepping on a car dealer's lot. Dealer-arranged financing is convenient but it will limit your options. Typically, ...