Negative Equity on Car Trade-Ins Hits an All-Time High | Edmunds

Edmunds.comEdmunds.com Member, Administrator, Moderator Posts: 10,137
edited April 2017 in Editorial
imageNegative Equity on Car Trade-Ins Hits an All-Time High | Edmunds

A rising number of car shoppers have negative equity on their trade-ins when they're purchasing their next vehicle, according to car information and shopping network Edmunds.com.

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Comments

  • zimtheinvaderzimtheinvader Member Posts: 580
    So, enjoy that 8 year loan and convince yourself that you can afford that car. Besides that is something for future you to worry about, not today you.
  • Mr_ShiftrightMr_Shiftright Sonoma, CaliforniaMember Posts: 64,482
    The percentage of sub-prime loans on new cars is of concern.
  • PF_FlyerPF_Flyer Pennsylvania Furnace, PAMember Posts: 9,400
    I don't want to fall into the trap of thinking too hard, but this trend cannot go in this direction forever, can it?
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