More Car Shoppers Are Underwater on Their Trade-Ins

edmundsA rising number of car shoppers have negative equity on their trade-ins when they’re purchasing their next vehicle, reports Edmunds.com, the leading car information and shopping network. According to Edmunds data, an estimated 32 percent of all trade-ins toward the purchase of a new car through the first three quarters of 2016 were underwater. This is the highest rate on …

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