Underwater car trade-ins are on the rise — and drivers owe a record amount, Edmunds finds
Affected assets and topics
EQUITY
Why it 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.
Expected market reaction
Market impact analysis based on bearish sentiment with 80% confidence.
Evidence trail
Evidence
Source
CNBC
Claim
Underwater car trade-ins are on the rise — and drivers owe a record amount, Edmunds finds
AI inference
Bearish · 80%
Generated
2026-01-15 14:02
AI provenance
Technical identifiers
- Provider tag
- groq-llama-3.1-8b-instant
- Analysis version
- groq-llama-3.1-8b-instant
- Article id
- 33115
Original source
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.
Original article published by CNBC on January 15, 2026. Analysis and insights provided by AnalystMarkets AI.