1 in 4 new car trade-ins are now ‘underwater’ — a 4-year high as more owners drag major debt into new buys. Here’s how to avoid drowning in auto loans

This is the highest share Edmunds has reported in four years, meaning a growing number of people are dragging additional debt ...
InformNNY on MSN

Americans owe more than ever on their underwater car loans

Those choices have led to more underwater car loans carrying significant debt, often over five figures. Edmunds said nearly ...
ConsumerAffairs

Auto loan delinquencies rival pre-crisis levels, Consumer Federation warns

U.S. auto loan delinquencies are climbing above pre-pandemic rates and nearing 2008 crisis levels. Consumers now carry $1.66 ...
ABC7

Man found in buried car in Palmdale drowned, autopsy confirms

PALMDALE, Calif. (KABC) -- The man found dead in a car which was buried under six feet of mud in Palmdale died of drowning, an autopsy confirmed. Robert Michael Rasmussen's body was found Tuesday ...