Nearly 1 in 3 car buyers are underwater on trade-ins — analyst calls dollar amount 'troubling'
An estimated 30.5% of car buyers with a trade-in owe more than it's worth, up 4.2 percentage points from a year ago but still below the prepandemic share.
Nearly 1 in 3 car buyers are underwater on trade-ins — analyst calls dollar amount 'troubling'
An estimated 30.5% of car buyers with a trade-in owe more than it's worth, up 4.2 percentage points from a year ago but still below the prepandemic share.
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