Financing

A third of America's cars are underwater: Is yours?
Richard Read By Richard Read

A third of America's cars are underwater: Is yours?

11/21/2016

In the aftermath of the Great Recession, you probably heard about plenty of people whose homes were underwater. Maybe you were one of them. Now, the analysts at Edmunds say plenty of cars are underwater, too. How did this happen? When we say that something is "underwater", we mean that (a) it was...

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