Some, like Drury, do not expect used car values to plummet in 2025, which would drive more people into a negative equity ...

If a person owes more on a car than it’s worth, they have negative equity or are considered underwater ... There are a few reasons why people end up owing more than their car's value.

Experts say the trend is particularly worrisome as the cycle of rolling negative equity into new loans makes it increasingly difficult for borrowers to escape debt. Among those with negative ...

The most imperiled city, however, is actually Newark, N.J. The city has significantly fewer homes in negative equity — around 5,000 — but Newark is also a much smaller than Chicago.

The report suggests this will be seen most keenly in the West Midlands and Wales. Negative equity can present a real problem for homeowners. Equity is the term used to describe the value of a ...

The share of trade-ins with "negative equity" — meaning the owner owes ... Vehicle inventory has swung in the other direction, with most dealers holding more than 75 days' worth of vehicles ...

A recent report indicates that an increasing number of car buyers have vehicle trade-ins with negative equity as rising monthly payments and total financing hit all-time high. The report states ...

Nearly a quarter of trade-ins toward new car purchases are burdened with negative equity. According to an ... shortage and drove up demand, leading people to pay more than cars were worth.

Things Are Actually Worse But it gets worse, because that’s only the average figure, meaning many people owe far more. Of those drivers who discover they have negative equity at trade-in time ...