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 ...
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 ...
It’s a decision that this reporter confronted earlier this year when he chose to spend the money to put a remanufactured ...
Edmunds reports that buying a used electric vehicle can be cost-effective due to lower prices and maintenance, but consider ...
Being underwater on a car loan isn’t catastrophic, but it does require discipline to escape. The first step is prevention: ...
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 ...