1 in 4 new car trade-ins are now ‘underwater’ — a 4-year high as more owners drag major debt into new buys. Here’s how to avoid drowning in auto loans

This is the highest share Edmunds has reported in four years, meaning a growing number of people are dragging additional debt ...
Jalopnik

The Pros And Cons Of Trading In Your Car

Gearing up to buy a new car is an exciting prospect that, for two-thirds of Americans, comes along at least once every five years. Put another way, the average U.S. citizen owns 9.4 new cars during ...

The $3,000 Rule: When to Keep Your Car and When to Trade

Trade-ins hit 7.6 years on average in Q1 2025, the oldest since 2019. At the same time, the average vehicle age on U.S. roads ...

1 in 4 new car trade-ins are ‘underwater,’ marking a 4-year high — here’s how to avoid drowning in auto loans

This is the highest share Edmunds has reported in four years, meaning a growing number of people are dragging additional debt ...
USA Today

Expert tips for negotiating car prices like a pro

Negotiation doesn't have to be painful if you follow these tips. Treat a car purchase like any serious financial transaction: Do your research, make an appointment and do not purchase on the day you ...
Yahoo

Customer claims Orlando car dealership didn’t pay off trade-in, ruined his credit

Under Florida law, car dealerships are supposed to pay off trade-in balances within 10 business days, but it doesn’t appear that happened for Oliver Mendoza. When Mendoza bought a car from Benji Auto ...
USA Today

How Target’s Car Seat Trade-In can make your vehicle safer: What parents need to know

Car seat trade-ins can save drivers and parents money on a new car seat or other eligible baby gear. These savings can be bundled and used strategically to make expensive car seats much more ...