An estimated 30.5% of car buyers with a trade-in owe more than it's worth, up 4.2 percentage points from a year ago but still below the prepandemic share.

If your car's current value is less than the amount you owe, you have negative equity. This is also known as being upside down on your auto loan. When the time comes to purchase a new car, having ...

Negative equity is when you owe more on a car than the car is worth, leaving you "upside down" or "underwater" on your loan. This continues to be a growing problem, as is the amount of negative equity ...

Negative equity, or being upside-down on your auto loan, means owing more on your vehicle than its current value. Some dealers might accept trade-ins with negative equity if you pay off what you owe ...

In How to Trade In Your Car, I talked about a young couple who traded in their old car for something newer and bigger. In that scenario, their car was paid off, so it wasn’t a problem. The value of ...

Build positive equity in your car by using strategies such as making extra payments and refinancing your auto loan Written By Written by Staff Loan Writer, Buy Side Bob Haegele is a staff loan writer ...

Negative equity is when you owe more on a car than the car is worth, leaving you "upside down" or "underwater" on your loan. This continues to be a growing problem, as is the amount of negative equity ...