Not the Bee··Friday, October 30, 2026, 11:15 AM
29% of all car trade-ins are now underwater, with an average of $7,100 still owed
Keep that smile on your face; a new Edmunds report tells us almost 30% of trade-ins with outstanding loans in the third quarter of 2026 carried negative equity. Those drivers weren't so lucky — they owed an average of $7,107 more than their cars were actually worth.
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