If a person owes more on a car than it’s worth, they have negative equity or are considered underwater on their auto loan. Equity for vehicles equals trade-in value minus the loan balance.

Four years after a pandemic inventory crunch sent car prices to record highs, the number of drivers who can't afford their car loans is on the rise, worrying dealers who say this will only ...

Yusef Benallal is a used car dealer operating out of the Atlanta, Georgia area. He takes lots of calls from drivers wanting ...