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.

Jonathan Banks, VP of Product Development and Valuation Services at J.D. Power, joins us to discuss the ongoing effects of supply shortages.

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 ...

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 ...

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.

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 ...