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'Underwater' car trade-ins are at a 4-year high: What that means when buying a new vehicle
About 26.6% of trade-ins toward new car purchases had negative equity in the second quarter of 2025, according to Edmunds. That is up from 26.1% in the first quarter of the year. Being "underwater," ...
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Underwater car trade-ins are on the rise — and drivers owe a record amount, Edmunds finds
In the fourth quarter of 2025, 29.3% of trade-ins toward new car purchases had negative equity, according to new data from car website Edmunds. The average amount owed on trade-ins with negative ...
More car buyers are finding themselves in a tough spot financially. According to a recent report from Edmunds, more than 26% of new-vehicle trade-ins in the second quarter of 2025 had negative equity ...
In another big win for fans of debt, new data from Edmunds says that car buyers are falling into a worrying cycle of negative equity on their cars. In the fourth quarter of 2025, just about 3-in-10 ...
Let’s say you want to trade in your old car for a new one, but you haven’t paid the old one off. And actually, the old one is worth less than what you still owe on it. That’s called being underwater ...
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