More Americans are trading in underwater vehicles. That does not mean the vehicles are submerged. In a sense, the drivers are. More than one in four trade-ins had negative equity in the third quarter ...
Edmunds reports that negative equity occurs when car loans exceed vehicle value, impacting many buyers; strategies exist to ...
This is the highest share Edmunds has reported in four years, meaning a growing number of people are dragging additional debt ...
In a troubling development for car buyers, recent analysis reveals that 1 in 4 new car trade-ins are now ‘underwater', ...
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 ...
Off the coast of South Beach, a massive fleet of cars is being submerged underwater, but it will strangely benefit the marine ecology. A unique chapter in the book of marine conservation has been ...