This is the highest share Edmunds has reported in four years, meaning a growing number of people are dragging additional debt ...
More Americans are trading in underwater vehicles. That does not mean the vehicles are submerged. In a sense, the drivers are ...
Nearly 1 in 4 car owners owe more on their trade-ins than the vehicle is worth, pushing the national average for upside-down balances to almost $7,000.
Edmunds’ latest data shows new car affordability hitting record lows, signaling serious challenges ahead for both buyers and ...
More than one in four new vehicle owners owe more on their cars than they are worth and carry more than $10,000 in debt, ...
Buying a new car has never been more financially daunting. A 2025 analysis from Edmunds found that a record 19.3% of consumers who financed a new vehicle in the second quarter of 2025 committed to a ...
Buying a new car has never been more financially daunting. A 2025 analysis from Edmunds found that a record 19.3% of consumers who financed a new vehicle in the second quarter of 2025 committed to a ...
When it comes to the consideration of whether to buy a new car or fix your current ride, for most of us, it comes down to ...
FILE - A long line of unsold 2024 pickup trucks sit on display at Ford dealership Thursday, Nov. 28, 2024, in southeast Denver. (AP Photo/David Zalubowski, File ...
FILE - A long line of unsold 2024 pickup trucks sit on display at Ford dealership Thursday, Nov. 28, 2024, in southeast Denver. Buying a new car has never been more financially daunting. A 2025 ...