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Tag Archives: auto leasing
Record Number of Auto Buyers Underwater on Trade-Ins
A growing number of auto shoppers have negative equity – underwater in industry terms – on their trade-ins when they’re purchasing their next vehicle. Per Edmunds data, an estimated 32% of all trade-ins toward the purchase of a new vehicle through Q3 of 2016 were underwater. Continue reading
Posted in economy, financial results
Tagged auto leasing, autoinformed, autoinformed.com, Ken Zino, negative equity, upside down trade-ins
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