This is the highest share Edmunds has reported in four years, meaning a growing number of people are dragging additional debt ...
The rise in negative equity comes as more Americans are falling behind on car payments. Nearly 6.5% of subprime auto loans, ...
Negative equity refers to a situation in which you owe more on your vehicle than it’s worth, leaving you “upside down” or “underwater ... next purchase. You can either lease again or finance your next ...
The average price of a new car was $50,080 in September, marking the first time the going rate of a passenger vehicle has exceeded $50,000, according to a press release from Kelley Blue Book.
If you've ever driven a car into water that was deeper than you expected, you might have suffered the consequences of a submerged engine. While getting a car engine wet is no big deal, getting water ...
Keating noted that the best-selling vehicle in the U.S. is a pickup truck from Ford that routinely costs north of $65,000 and said “it was only a matter of time” before the $50,000 barrier was broken.