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Underwater car trade-ins are on the rise — and drivers owe a record amount, Edmunds finds
The average amount owed on car trade-ins with negative equity rose to $7,214 — an all-time high, according to new data from ...
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," ...
Trading in your car can feel like a game. Here’s how to stay one move ahead and keep more money in your pocket. In this column, I mainly focus on buying cars. But there’s another half of the equation, ...
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