In another big win for fans of debt, new data from Edmunds says that car buyers are falling into a worrying cycle of negative equity on their cars. In the fourth quarter of 2025, just about 3-in-10 ...
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Underwater car loans hit highest level since 2021
Nearly 30% of trade-ins for new cars have negative equity, the highest rate in years. Learn why so many Americans are ...
More Americans are trading in underwater vehicles. That does not mean the vehicles are submerged. In a sense, the drivers are. More than one in four trade-ins had negative equity in the third quarter ...
A nearly life-size car made of concrete weighing over 14 tons was slowly lowered to the ocean floor on Monday, just a short swim from the sands of Miami Beach. It’s the first of a small fleet of ...
Nearly 30% of new car buyers in late 2025 were underwater on their trade-in loans. The average amount owed on these trade-ins reached a record high of $7,214. This trend is linked to high car prices ...
In the fourth quarter of 2025, 29.3% of trade-ins toward new car purchases had negative equity, according to new data from car website Edmunds. The average amount owed on trade-ins with negative ...
MIAMI BEACH, Fla. (AP) — South Florida is seeing a wave of new cars, but they won't add to traffic or lengthen anyone's commute. That's because the cars are made of marine-grade concrete and were ...
South Florida has a new tourist attraction but you won’t be able to spot it from land. Over several days late last month, crews lowered 22 life-sized cars into the ocean, several hundred feet off ...
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