Americans are sinking deeper into auto debt. According to new data from Edmunds, the average amount owed on an “upside-down” car loan — when a vehicle is worth less than what’s owed on it — has ...

When you are upside down on your auto loan, it means you have more left to pay on the loan than the vehicle you took out the loan to purchase is actually worth. Also called negative equity, this ...

Average new vehicle down payments fell to their lowest level in years in the third quarter. High interest rates on new vehicle purchases and long loan terms signal that consumers are making choices ...

About 26.6% of trade-ins toward new car purchases had negative equity in the second quarter of 2025, according to Edmunds. That is up from 26.1% in the first quarter of the year. Being "underwater," ...

WSJ Buy Side is The Wall Street Journal’s research and commerce team. Our commerce content is distinct from our newsroom coverage. We earn a commission from some links in our articles. Learn more.

As car prices and interest rates climb, a growing share of Americans owe more on their car than it's actually worth — a situation referred to as an "upside-down" or "underwater" car loan. In the final ...

WSJ Buy Side is The Wall Street Journal’s research and commerce team. Our commerce content is distinct from our newsroom coverage. We earn a commission from some links in our articles. Learn more.