Negative equity is hitting record levels as more U.S. car buyers trade in vehicles they owe more on than they’re worth.

Negative equity happens when the value of an asset, like a car or home, is less than the remaining balance on the loan used to buy it. This is also known as being “underwater” or “upside down” on a ...

You might be able to trade in a car with negative equity, but it doesn’t always make sense ...

SAVANNAH, Ga. (WTOC) - Negative home equity is a growing trend nationally and in the local real estate market, often the result of homeowners buying at the peak of the market with no money down.

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 of 2025, Edmunds reports. In auto industry parlance ...

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 of 2025, Edmunds reports. In auto industry parlance ...

U.S. homeowners lost a portion of their pandemic-era wealth gains in the third quarter as cooling home prices and heavier leverage began to erode equity, according to a new report from property data ...

Two elements of auto financing clearly surfaced when Edmunds reviewed its second-quarter data. Analysts found that negative equity is still a notable factor, and consumers are often seeking elongated ...

Negative equity can be significant hurdle to clear when dealerships handle trades, as Edmunds recently reported 7.7% of trade-ins toward a new-vehicle purchase during the second quarter were upside ...