Four years after car prices skyrocketed, more car owners are underwater on their loans.

Find the best car insurance The data indicated that 24.9% of trade-ins toward new-car purchases had negative equity at the ...

Payments on overpriced cars aren't keeping up with what they're worth, compounding the growing debt problem Americans face.

"Negative equity isn't a brand-new phenomenon in the auto lending space—in fact, it wasn't too long ago when more than a third of trade-ins toward new-car purchases were upside down," she said.

The share of trade-ins with "negative equity" — meaning the owner owes much more on their loan than their car is worth — was hovering at about 25% at the end of 2024, according to data from ...

Play the USA TODAY Daily Crossword Puzzle. The data indicated that 24.9% of trade-ins toward new-car purchases had negative equity at the end of last year, up from 20.4% in the fourth quarter of 2023.

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 ...

Edmunds said 24.9% of trade-ins toward new-car purchases had negative equity, up from 24.2% in Q3 2024 and 20.4% in Q4 2023. —Americans with upside-down installment contracts owe more money than ...