Nearly 3 In 10 New-Car Trade-Ins Are Underwater, Edmunds Finds

Summary

Nearly 3 In 10 New-Car Trade-Ins Are Underwater, Edmunds Finds Authored by Bill Pan via The Epoch Times , Almost three in 10 vehicles traded toward a new car are worth less than the amount still owed on their loans , a new report suggests. In the third quarter of 2026, about 29.1 percent of trade-ins with outstanding loans carried negative equity , according to an Oct. 21 analysis by car-shopping platform Edmunds. That was down from 30.9 percent at the beginning of the year but above 28.1 percent in the same quarter of 2025. While the share of so-called underwater trade-ins has eased slightly…

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