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

In this column, I mainly focus on buying cars. But there’s another half of the equation, and it’s just as important. The trade-in. Let’s take a look at trading in your old car. Before we get into ...

Trading in a vehicle is now easier than ever with online appraisal tools and services like CarMax and Carvana. Factors affecting trade-in value include vehicle age, mileage, condition, and demand, ...

As prices remain high, more buyers are stretching payments across 72-month or even 84-month loans. While a longer loan lowers ...

Being upside-down is generally never a good thing. In the case of a car loan, it means you owe more than the value of your ride. This situation isn't unusual if you financed with a high-interest loan.

The average new car loan has a term of 68.48 months, according to the credit rating agency Experian – nearly six years of being married to your new ride. And that's just the average. Nowadays, ...

Trading in a car can seem like the easiest way to upgrade your ride, but for some models, the dealer’s offer will feel like an insult. In 2025, several vehicles are facing such steep depreciation and ...

A trade-in is ideal for getting a different vehicle, while refinancing might save you money Written By Written by Staff Loan Writer, Buy Side Bob Haegele is a staff loan writer at Buy Side covering ...

The average car loses 31.0% of its value after 3 years, but yellow cars only lose 24.0%, while gold cars lose 34.4% of their value Gold, white, and black cars drop the most in value, losing over ...