Underwater car trade-ins are on the rise — and drivers owe a record amount, Edmunds finds

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Why This Matters

The average amount owed on car trade-ins with negative equity has reached an all-time high of $7,214, according to Edmunds, indicating a rise in underwater car trade-ins.

Market Impact

Market impact analysis based on bearish sentiment with 80% confidence.

Sentiment
Bearish
AI Confidence
80%
Time Horizon
Short Term

Article Context

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

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Original article published by CNBC on January 15, 2026.
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