Nearly 1 in 3 car buyers are underwater on trade-ins — analyst calls dollar amount 'troubling'
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.
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.
What's Your Reaction?
DDP Editor
Admin managing news updates, RSS feed curation, and PR content publishing. Focused on timely, accurate, and impactful information delivery.
