As car prices and interest rates climb, a growing share of Americans owe more on their car than it's actually worth — a ...

Negative equity, or being upside-down on your auto loan, means owing more on your vehicle than its current value. Some dealers might accept trade-ins with negative equity if you pay off what you owe ...

In How to Trade In Your Car, I talked about a young couple who traded in their old car for something newer and bigger. In that scenario, their car was paid off, so it wasn’t a problem. The value of ...

With home prices slipping in some areas and mortgage rates still elevated, more homeowners are finding themselves in a tough spot—owing more on their mortgage than their home is currently worth.

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 of 2025, Edmunds reports. In auto industry parlance ...

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 of 2025, Edmunds reports. In auto industry parlance ...

The average car loan is between five and six years.