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 ...
This is the highest share Edmunds has reported in four years, meaning a growing number of people are dragging additional debt ...
Edmunds reports that negative equity occurs when car loans exceed vehicle value, impacting many buyers; strategies exist to ...
A growing number of Americans owe more on their car loans than their vehicles are worth and the problem is only getting worse ...
Being upside down on your auto loan - when you owe more on your car than it's worth - is something Car Pro Show host Jerry ...
An old rule of thumb in car-buying, known as 20/4/10, held that you should make a 20% down payment, cap your loan at four years, and spend no more than 10% of your monthly income on transportation.
Green Matters on MSN
Experts Submerge Life-Sized Concrete Cars off Florida’s Coast to Restore Marine Ecosystem. Will It Work?
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 ...
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