Underwater car trade-ins are on the rise — and drivers owe a record amount, Edmunds finds

The average amount owed on car trade-ins with negative equity rose to $7,214 — an all-time high, according to new data from car website Edmunds.

Underwater car trade-ins are on the rise — and drivers owe a record amount, Edmunds finds
The average amount owed on car trade-ins with negative equity rose to $7,214 — an all-time high, according to new data from car website Edmunds.

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