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Underwater on Your Car Loan – Pay It Down Instead of Rolling It Over

Source: Money Crashers · Oct 18, 2026 17:15 UTC

A fully loaded container ship at sea — File photo NOAA's National Ocean Service / Flickr · CC BY 2.0 · Source

The Quick Take

Many buyers trade in before they get there. Edmunds found that 29.6% of cars traded in toward new vehicles in the second quarter of 2026 carried negative equity, meaning the owner owed more than the car was worth, and the... Source

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