oOF!
>‘Underwater’ car trade-ins are at a 4-year high
>About 26.6% of trade-ins toward new car purchases had negative equity in the second quarter of 2025
That figure is up slightly from 26.1% in the first quarter of the year, and the highest it’s been in the last four years
>The average amount owed on upside-down loans in the second quarter was $6,754, down slightly from the prior quarter’s $6,880
>In the second quarter of 2025, 84-month auto loans comprised of 21.6% of new auto loans, up from 19.2% the quarter prior
https://www.cnbc.com/2025/09/14/underwater-car-trade-ins-are-at-a-4-year-high-what-that-means-when-buying-a-new-vehicle.html