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Americans increasingly underwater on car loans

So you're upside down on your car loan. You're not alone.

Nearly a quarter of Americans who traded in a car for a new one was upside down on their loan, Edmunds says. The amount some owe is "alarming."

Backgrounder

The Washington Post on MSN · 11h

Many Americans are car poor from their auto loans. Here’s why.

Nearly 1 in 4 consumers owe more on such loans than the vehicle is worth, pushing the national average for upside-down balances to a record high north of $6,400.

News Nation on MSN · 1d

Americans increasingly underwater on car loans: Edmunds

More than 1 in 5 consumers who were underwater owed more than $10,000 — a data point analysts called "alarming."

autobodynews · 1d

Average Amount Owed on Upside-Down Car Loans Hits All-Time High

Analysts with Edmunds found more than 1 in 5 vehicle trade-ins with negative equity are underwater by $10,000 or more.

NBC News on MSN · 1d

American consumers are increasingly underwater on their car loans

A growing number of Americans with auto loans owe more than their vehicles are worth, according to a report Tuesday from Edmunds.com.

Yahoo · 1d

Americans are more underwater on their car loans than ever before

Americans increasingly owe more on their auto loans than their cars are worth, according to new data from Edmunds.

11hon MSN

Edmunds: The four tech features you need to get on your next vehicle

Technology features in modern vehicles can make driving easier and more enjoyable. But when buying your next car, it can be ...

ConsumerAffairs21h

Why a lengthy auto loan could be a bad move

Financing your vehicle for six years with little down may be a bad idea. With a 72-month loan, your vehicle may depreciate faster than you pay down the loa ...

Should you buy a prepaid car maintenance plan?

Edmunds explains that car maintenance packages can be worth the extra cost, but only if you can get a deal that’s better than ...

7don MSN

Edmunds electric truck face-off: Ford F-150 Lightning vs. Tesla Cybertruck

Which one is the better all-around truck? Edmunds’ car experts tested them to find out. Tesla currently offers two ...

10d

2025 Cars and SUVs That You Can Buy for Less Than $25K

With the Federal Reserve recently cutting interest rates for the first time in four years, new car prices continuing to drop ...

MarketWatch7d

Best Used Car Websites

Our team of experts recommends Cars.com, Carvana, Edmunds, CarMax and TrueCar as the best online platforms for buying and selling pre-owned vehicles Cars.com, Carvana, Edmunds, CarMax and TrueCar ...

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