Get access to the same vehicle valuation tool that dealers rely on. With Black Book, you’ll have insider data to accurately assess trade-in and purchase values—empowering you to negotiate the best possible deal.
Real-time car market data reveals that Ford’s EV sales are gaining momentum as 2025 kicks off. The Mustang Mach-E is reaching unprecedented sales heights, with sales rates up 50% in recent months. Meanwhile, the F-150 Lightning continues to carve out its place in the electric truck market with steady growth.
With generous incentives continuing into 2025, Ford’s EV strategy appears to be paying off. But as federal EV tax credits face potential changes, many buyers are rushing to take advantage of the perks while they last. Here’s what the latest sales data reveal about Ford’s position in the EV market today.
Mustang Mach-E sales rates climb to new highs
According to the latest market data from CarEdge Insights, 45-day running sales totals of new Mustang Mach-E’s has reached a new all-time high in January. In the 45 day period stretching from mid-December to late January 2025, 7,280 new Ford Mustang Mach-Es have been sold in the U.S. The latest sales figures represent a 50% increase in sales rates over the past two months.
Today’s real-time sales rates hint at a strong performance for Ford’s electric vehicle sales in the first quarter of 2025. In 2024, Ford sold 51,745 Mustang Mach-Es in the United States. In Q4 2024, Ford captured 8.7% of EV market share in the U.S., landing it in fourth place behind Tesla, General Motors, Hyundai, and Kia.
Following a big year-end sales push, Ford continues to offer huge incentives for those looking to buy or lease the Mustang Mach-E in 2025. Right now, Ford is offering 0% APR for 72 months for remaining 2024s. The best lease offer currently advertised is the 2024 Mustang Mach-E Premium All-Wheel Drive from $209/month for 24 months with $5,359 due at signing. EV leases are a great way to avoid the hidden costs of depreciation.
F-150 Lightning Sales Rise, Remain a Fraction of Truck Sales
Ford’s electric truck sales are also climbing in early 2025. According to the latest numbers from CarEdge Insights, Ford sold 4,586 copies of the F-150 Lightning in the 45 days leading up to January 28th. However, sales of the F-150 Lightning are just a fraction of the gas-powered F-150’s sales. Nearly 45,000 gas-powered F-150s were sold during the same period.
Without a doubt, electric truck sales trends are looking positive in early 2025. Ford’s running sales rate has steadily climbed since October. Zero percent financing is tempting more truck fans to give an electric pickup a try.
Right now, Ford is offering 0% APR for 72 months for remaining 2024 F-150 Lightnings. The financing offer can be combined with a $3,000 bonus cash incentive. As of late January 2025, 3,200 of the 3,500 new F-150 Lightnings on sale in the U.S. are leftover 2024 models.
Here’s a look at 45-day sales totals from July 2024 through January of 2025.
EV Incentives Driving Urgency
For EV buyers looking to take advantage of federal EV tax credits, there’s a sense of urgency in early 2025. With the Trump administration promising to end EV tax credits, those who were on the fence about buying are promptly at decision time. And judging by EV sales trends in January, many of the EV market’s previous window shoppers are ready to make a purchase or lease.
As of late January, the F-150 Lightning is still eligible for the Federal EV tax credit. The Mustang Mach-E lost eligibility last year due to the Inflation Reduction Act’s sourcing requirements. With things changing quickly, be sure to consult the official eligibility resource at FuelEconomy.gov.
Smart Shoppers Score the Best EV Deals
Ford’s latest sales numbers prove the automaker is making strides in the competitive EV market. With the Mustang Mach-E reaching record-breaking sales rates and the F-150 Lightning steadily growing its share, Ford’s electric vehicle strategy is gaining traction in early 2025.
However, for those looking to cash in on federal EV tax credits and limited-time offers, the clock is ticking. The potential phase-out of federal incentives has created urgency among buyers, and Ford’s aggressive lease and financing deals make now a great time to act. It’s not clear if the best incentives will continue through February.
Today’s car shoppers have groundbreaking tools at their fingertips that level the playing field unlike ever before. Use tools like the CarEdge Deal Hub and CarEdge Insights to compare offers, understand incentives, and make an informed decision to save more and stress less.
If you’re planning to buy a car with your tax refund this year, you’re not alone. Tax season is one of the most popular times for car buying, as a lump sum refund can serve as the perfect down payment for your next vehicle. But in 2025, buying a car comes with unique challenges and opportunities. With thousands of dollars on the line, it’s time to play it smart. To help you make informed car buying decisions this tax season, we’ve compiled five tips to help you navigate 2025’s car market with confidence.
1. Budget Before You Buy
Buying a car is about much more than just the sticker price or monthly payment. To avoid surprises down the road, you’ll need to budget for the full cost of ownership.
Insurance costs are on the rise in 2025, with many drivers spending an extra $100 or more per month on coverage. Maintenance costs vary depending on the car’s make and model, and fuel prices fluctuate regionally. Tools like the CarEdge Research Hub and Car Buying Calculators can help you estimate these expenses and compare ownership costs across different vehicles.
Pro Tip: Don’t forget taxes, registration fees, and dealership fees. Always request an out-the-door price quote to get the full picture.
In 2025, car buyers have access to more free resources than ever before. These tools can help you find the perfect car for your budget and lifestyle without stepping foot in a dealership.
CarEdge Research Hub: Analyze cost of ownership, vehicle depreciation, and more to make an informed decision.
Deciding between a new, used, or leased vehicle can feel overwhelming, but understanding the pros and cons of each option will help you choose the best fit for your needs:
New Cars:
Best financing options, including 0% APR offers for qualified buyers.
Full manufacturer warranty for peace of mind.
Clean vehicle history with no prior wear and tear.
Used Cars:
Significantly more affordable – 50% cheaper than new cars on average.
Once you’ve decided the right vehicle ownership path for you, it’s time to come up with a short list of makes and models that you’re looking to test drive. Remember, the 100% free CarEdge Research Hub is the place to start.
Pro Tip: Evaluate your driving habits and long-term ownership plans before committing. If you tend to trade up often, buying new can cost you tens of thousands of dollars in depreciation.
4. Take Advantage of Manufacturer Incentives
Before heading to the dealership, review the latest manufacturer incentives to find the best deals. To the benefit of shoppers, year-end deals have continued into 2025. The best deals are for remaining 2024 inventory, with up to 15% off MSRP within reach.
Check out CarEdge Insights to explore local market trends and identify models with higher inventory levels – these cars are most negotiable. By aligning your search with market data, you can get a better deal on your next ride. It’s always a buyer’s market if you know where to shop!
5. Prequalify for Financing
Even if you plan to finance your car through the dealership, prequalifying for a loan with a local bank or credit union gives you more negotiating power. Prequalification doesn’t affect your credit score and provides a clearer picture of your budget.
It’s also important to know what to expect in 2025’s high interest rate environment. In early 2025, the average new car loan rate is just under 10% APR, and used car loans average near 14% APR. Buyers with above average credit scores will qualify for lower rates, including today’s 0% APR offers.
Bringing your own financing to the table allows you to compare rates and terms offered by the dealership. If the dealership’s financing is better, great! If not, you’ll already have a solid option lined up.
Pro Tip: Use free online calculators to determine how much car you can afford before visiting the lot.
Put Your Tax Refund to Work
In 2025, buying a car with your tax refund is an excellent way to reduce your overall loan amount or even pay for a car outright. By budgeting wisely, leveraging free research tools, and taking advantage of financing options, you can make your refund work harder for you.
At CarEdge, we’ve introduced a powerful new tool to help you negotiate like a pro: Free Dealer Invoice Pricing. This feature gives you insider access to what dealers paid for the car, helping you secure the best deal possible. Ready to put your tax refund to good use? Start your car-buying journey with CarEdge today.
It’s a new year, yet the car market is presenting drivers with the same classic dilemma: should you buy new or used in 2025? This year, several factors are reshaping the debate, including depreciation trends, interest rates, and price shifts in both new and used car markets. Making the right choice requires a close look at your financial situation and ownership goals. We spoke to CarEdge Co-Founder and auto industry veteran Ray Shefska about how car buyers can make smart, financially-sound decisions in 2025’s market.
Here are some key considerations to help you determine whether buying new, buying used, or leasing makes the most sense for you.
Buying New in 2025 – Financing Deals Versus Depreciation Risks
New cars are known for their steep depreciation, and in 2025, depreciation rates have returned to pre-pandemic levels. That means a new car can lose 20-30% of its value within the first two to three years of ownership. However, buying new has its advantages, too. Manufacturer incentives are sweetening the deal for buyers with attractive lease offers, low APR financing, and cash incentives that simply aren’t available for used car buyers.
Here’s a look at the pros and cons of buying a new car in 2025.
Why Buy New in 2025?
Incentives Galore: Automakers are offering competitive promotions to attract buyers, including 0% APR financing and cash-back deals. See this month’s best offers.
Peace of Mind: New cars come with full warranties, the latest safety features, and no concerns about wear and tear from previous owners.
Custom Orders: Buying new allows you to select the exact trim, color, and features you want. However, custom orders can come at an even higher price.
Depreciation Risk: If you plan to sell your car in less than five years, you’ll likely face a significant financial loss due to depreciation.
If you’re considering a new car but worry about depreciation, leasing may be a better option for you in 2025. It allows you to enjoy the benefits of driving new without the financial impact of resale value losses.
Interest rates are a defining factor in the new versus used car debate. While borrowing costs remain high in 2025, automakers are making it easier to finance new cars by offering low APR financing. Used car loans, on the other hand, often come with higher interest rates from banks and credit unions.
Why New Cars Win on Interest Rates:
Lower APR Offers: Many manufacturers are advertising rates as low as 0% APR for new car buyers, helping you save thousands over the life of the loan.
Better Loan Terms: Lenders tend to offer more favorable terms for new cars compared to used, including longer loan periods and lower down payment requirements.
In 2025, the average used car loan rate is about 14% APR, while new car loan rates average 9% APR. Used car loans typically come with interest rates about 5% higher than those for new vehicles. Over a five-year loan term, this can significantly increase the total cost of financing a used car. If monthly payments are a concern, financing a new car with low APR may actually make more financial sense.
The days of guessing what to pay for a new car are over. In 2025, buyers have access to tools that provide insight into dealer pricing, invoice costs, and manufacturer incentives.
How to Save Big When Buying New:
Use Dealer Invoice Pricing: CarEdge now offers Free Dealer Invoice Pricing, allowing you to see what the dealer pays for the car and giving you leverage in negotiations.
Keep Up With Local Market Trends: A decade ago, car buyers didn’t have access to behind-the-scenes tools like CarEdge Insights. Now, any car buyer in America can see the ins and outs of their local car market for each make and model. Learn more about Insights.
Compare Offers Across Dealers: With free online tools from CarEdge, you can easily master the art of negotiating. A big part of this is learning how to effectively cross-shop between dealerships. Always compare prices and incentives from multiple dealerships to ensure you’re getting the best deal.
Lower Upfront Costs: Used cars are more affordable than their new counterparts, making them a better choice for budget-conscious buyers. Saving $100 or more on monthly payments over five to six years really adds up!
Avoid Steep Depreciation: Buying a 3-5 year-old used car allows you to avoid the steepest depreciation period, saving you thousands. If you decide to sell in a few years, you won’t feel the heavy depreciation that a new car buyer in a similar situation would experience.
Used Cars Are Negotiable In 2025: As competitive new car incentives remain, fewer car shoppers are heading to the used car lots. A slump in demand is good news for those willing to negotiate used car prices.
Challenges of Buying Used:
Higher Interest Rates: As mentioned earlier, used car loans often come with higher APRs, which can offset some of the savings. In 2025, the average used car loan rate is nearly 14% APR.
Limited Incentives: Unlike new cars, used vehicles don’t come with manufacturer promotions or warranties. However, you can get a fair deal on an extended warranty.
Condition Concerns: Always get a pre-purchase inspection to avoid surprises with hidden issues.
Despite these challenges, buying used is still the go-to option for many drivers who prioritize affordability and don’t mind sacrificing the latest features.
Why a 3-5 Year-Old Used Car Could Be the Perfect Compromise in 2025
For many car buyers in 2025, a 3-5 year-old used car strikes the perfect balance between affordability, reliability, and long-term value. This “sweet spot” in the used car market offers significant benefits that make it a smart choice for budget-conscious drivers who don’t want to sacrifice quality or performance.
Here’s why a 3-5 year-old used car could be the ideal option for you:
Avoid Steep Depreciation
New cars typically lose 30-40% of their value within the first three years, making depreciation one of the biggest hidden costs of buying new.
Lower Upfront Costs
Compared to buying new, 3-5 year-old used cars are significantly more affordable. The average used car price in 2025 is $25,571, nearly 50% lower than today’s average new car price.
Modern Features Without the Premium
A car that’s 3-5 years old still comes equipped with many of the features found in today’s new models, such as advanced safety systems and driver assistance.
Remaining Warranty Coverage (Depending on Mileage)
A 3-5 year-old car is typically well within its prime and often covered by a portion of the manufacturer’s original powertrain warranty. If coverage is about to run out, get an Extended Warranty quote for peace of mind.
Better Financing Options Compared to Older Cars
While interest rates for used car loans are higher than those for new cars, lenders generally offer better rates for late-model used cars compared to older vehicles. This makes financing a 3-5 year-old car more manageable and less risky.
By choosing a 3-5 year-old used car, you get the best of both worlds: modern features at a lower price, and the ability to avoid the financial pitfalls of buying new. It’s a smart compromise for 2025 car buyers looking for value and reliability. To ensure you’re making a wise investment, always research market trends, request vehicle history reports, and schedule apre-purchase inspection before buying any used car.
The Verdict: New or Used in 2025?
In 2025, the decision between buying new or used depends largely on your financial situation and long-term ownership goals.
When to Buy New:
You plan to keep the car for 5+ years and want the latest features.
You qualify for low APR financing and want predictable monthly payments.
Manufacturer incentives significantly reduce the cost.
To avoid depreciation altogether, consider leasing a new car.
When to Buy Used:
You want to avoid rapid depreciation and pay less upfront.
You’re willing to shop for 3-5 year-old vehicles in good condition.
You don’t mind driving a car with fewer bells and whistles.
You’re prepared to negotiate a great used car deal.
No matter which option you choose, doing your homework is key. Research market trends, compare deals, and always negotiate to get the best price possible.
CarEdge Can Help You Save
Navigating today’s car market doesn’t have to be stressful. With tools likethe Research Hub, Free Dealer Invoice Pricing, and CarEdge Insights, you’ll have all the information you need to negotiate like a pro. Whether you’re shopping for new or used cars, we’ve got the resources to help you save thousands.
Ready for an expert to negotiate on your behalf? CarEdge Concierge is your perfect fit!
Start your car buying journey with confidence at CarEdge, where transparency meets savings.
Negative equity, also known as being “upside-down” on a car loan, happens when you owe more on your car loan than the vehicle is worth. It’s a common issue for car buyers, but with the right strategies, you can avoid falling into this financial pitfall. Here’s how to steer clear of negative equity and make smarter car-buying decisions.
What Is Negative Equity?
Negative equity occurs when the market value of your car is less than the remaining balance on your loan. For example, if your car is worth $20,000 but you still owe $25,000, you’re upside-down by $5,000. This situation can limit your options if you need to sell or trade in the car, as you’ll have to cover the difference out of pocket. Getting rid of a car with negative equity is a stressful task, with only a few options.
That’s why it’s so important to avoid negative equity in the first place. Below are 10 things you can do to prevent negative equity car loans.
How to Avoid Negative Equity on a Car Loan
1. Choose a Shorter Loan Term
Long-term car loans (longer than 60 months) may lower your monthly payments, but they greatly increase the risk of negative equity. Our most recent Negative Equity Report found that drivers with 84-month car loans have a median equity of -$8,485, while those with loans under 72 months in length are in the green.
Cars depreciate quickly, especially in the first few years, while longer loans take more time to build equity. Aim for a loan term of 48-60 months to reduce your chances of being upside-down.
2. Make a Larger Down Payment
A down payment reduces the amount you need to finance, helping you avoid starting your loan in a negative equity position. Experts recommend a down payment of at least 20% of the car’s purchase price for new vehicles and 10% for used cars to avoid being upside-down on your loan when you drive off the lot. If you can’t quite reach that goal, aim for the largest down payment that is reasonable for your budget, or consider a less expensive vehicle.
3. Avoid Overpaying for Add-Ons
Dealerships often try to upsell add-ons like theft protection, cosmetic products, and overpriced warranties and service plans. While some dealership add-ons do add value, rolling their cost into your loan is a problem. This increases your loan-to-value ratio, heightening the risk of negative equity.
Some cars lose value faster than others. Luxury vehicles, electric cars, and niche models often have higher depreciation rates. Research depreciation trends to choose a vehicle that retains its value better over time. Tools like the CarEdge Depreciation Calculator and CarEdge Depreciation Rankings help you prepare.
This is a surefire way to have negative equity for years into the future. Trading in a car with negative equity and rolling the balance into a new loan only compounds the problem. You’re essentially paying for two cars at once, increasing the risk of being upside-down again.
When it comes time to trade-in, cover the difference between your previous car’s value and the remaining loan balance so that you’re not rolling over negative equity into your next purchase. This would be in addition to your down payment, which should be as close to 20% as you can get for a new car, and 10% for a used car.
7. Don’t Overstretch Your Budget
Buy a car that fits your financial situation, not one that stretches it. Luxury features and upgrades are tempting, but they can lead to higher loan amounts and greater depreciation.
8. Make Extra Payments
If your budget allows, make additional payments toward the loan principal. This accelerates equity growth and reduces the impact of depreciation. Even $10 or $20 extra each month will add up over time.
9. Consider GAP Insurance
While GAP insurance doesn’t prevent negative equity, it protects you from financial loss if your car is totaled or stolen. In the event of an accident or theft, GAP insurance covers the difference between your car’s value and the remaining loan balance. Without it, you could actually owe money after an accident that was not your fault.
How is that possible? Without GAP coverage, here’s what could happen with negative equity at the time of an accident or theft: Your auto insurance will pay out the vehicle’s market value at the time of the loss, which may be less than the remaining loan balance. You’d be responsible for paying the difference out of pocket. With GAP Insurance, your GAP coverage would take care of the difference.
Leasing might be a better option if you drive less than 15,000 miles annually and don’t plan to keep the car long-term. It’s also a great option for drivers who love a new car every few years. Leasing eliminates the risk of negative equity since you’re not responsible for the car’s depreciation.
At CarEdge, we’re dedicated to helping car buyers avoid the pitfalls of negative equity. From DIY tools like CarEdge Insights and the new Research Hub, to white-glove, personalized car buying services, we empower you to make informed decisions. Start your journey toward smarter car ownership today with CarEdge.
Being upside-down on a car loan, also known as having negative equity, is a stressful situation. It means you owe more on your car loan than your car’s current market value. This can happen due to factors like rapid depreciation, unfavorable loan terms, or rolling over previous negative equity into your current loan.
For example, if your car is worth $15,000 but you still owe $20,000, you’re upside-down by $5,000. As distressing as negative equity loans can be, it’s not uncommon. CarEdge’s recent Negative Equity Report found that more than one-third of drivers who financed have underwater auto loans.
The good news is that there are several strategies you can use to part ways with your underwater loan as quickly as possible. We’ll explore practical ways to get rid of a car with negative equity, helping you make an informed decision each step of the way.
How to Get Rid of a Car With Negative Equity
Looking to sell your car with negative equity as soon as possible? Here are a few proven strategies to consider, depending on your financial situation and goals.
1. Sell Your Car
If you’re serious about getting rid of your car, it is possible to sell a car with negative equity. If you’re looking to sell your car without trading it in at a car dealership, you’ll need to pay the difference between the sale price and your loan balance to settle your current loan when you sell your car. Check out our Complete Guide to Selling a Car with a Loan.
You’ve got a few options for selling your car, even if you have negative equity.
Private Sale
Selling privately often yields a higher price than trading in at a dealership. However, you’ll need to pay off your existing loan before selling. Most of us don’t have that much cash on hand, but luckily there’s still a way to make it work. If you have great credit and proven income, you may be able to obtain a personal loan to pay off the loan balance. After the car is sold, you can use the proceeds from the sale to immediately pay off your personal loan.
Private sales offer an advantage for older cars or vehicles with higher mileage because you can often command a higher selling price with a private buyer than what a dealership would offer. Remember that dealerships are likely to wholesale these types of vehicles, as they may not be able to retail them on their lot due to higher reconditioning costs and lack of financing options for these vehicles.
Newer late-model, low mile vehicles are difficult to sell to private party buyers because they don’t usually have the cash on hand to make large ticket purchases and will need to rely on financing options that are more readily available at licensed dealerships.
👉 Pro Tip: To determine the selling price for a used vehicle in a private party sale, have an appraisal done in person at Carmax and then add $2,000 to $2,500 to the written offer.
Sell to an Online Buyer
You can sell to online car buyers like Carvana, CarMax, and AutoNation, and Driveway without being required to purchase a vehicle from their store. These large Auto Groups will quickly appraise your vehicle (online or in person) and provide a conditional cash offer. While this option is highly convenient, understand that you’re unlikely to get as much for your car as you would with a private sale. If you’re deeply underwater, online buyers may either require you to pay the difference between the loan balance and sale price, or they may refuse to buy your car. However, this is a solid option for many.
Late-model, low-mileage cars in top condition are attractive to dealerships because they will retail them on their lot and be able to offer financing and other warranty products to maximize their return. However, to secure a fair market value, you need to shop around for the best offer.
When shopping for a replacement vehicle at a licensed dealership, you may have the option to roll any negative equity into the balance of the new loan, provided that the loan-to-value ratio meets the lender’s requirements. ⚠️ Beware,car buyers who roll over negative equity into a new loan are likely to end up in a similar situation in the future.
👉 Pro Tip: It’s fine to mention that you might have a trade-in during the negotiation of your replacement vehicle’s selling price. However, to maximize your trade allowance, avoid sharing detailed information with the dealership until you have 1) obtained an appraisal from a reputable brick-and-mortar store like Carmax, and 2) have first finalized the selling price of the replacement vehicle.
Pros of Selling Your Car:
Frees you from the car and loan and eliminates your financial responsibility.
Private sales can get you more than expected for your car, but it’s usually best to pay off the loan first.
Cons of Selling Your Car:
Selling a car with negative equity requires cash to cover the gap between the sale price and the loan payoff balance.
Trade-ins may lead to higher debt on a new car, and often lead to another underwater loan.
If you can’t afford to pay off the gap between your loan balance and the car’s resale value, but you’re determined to sell, rolling over your loan is an option if you’ll be needing another vehicle. Rolling over negative equity involves trading in your car and adding the remaining loan balance to your next loan. While this solves the immediate issue, it often leads to a cycle of debt. It can be a viable option if your next vehicle is much more affordable (and with more affordable payments) than the car you’re coming out of.
Pros:
Immediate solution to get rid of the car.
May provide access to a more reliable and more affordable vehicle.
Cons:
Increases the loan balance on your next car.
Leads to higher monthly payments and longer debt obligations.
It is very easy to end up in years of additional negative equity when rolling over loans.
3. Not Recommended: Voluntary Repossession
If you’re deeply underwater on your auto loan, must get rid of your car, but can’t afford to pay the difference between the car’s value and the loan balance, surrendering the car to repossession by the lender is an option as a last resort.
You’re probably familiar with involuntary repossession from TV shows. It can get ugly and uncomfortable for all involved. However, voluntary repossession is different. You simply make arrangements to hand over the vehicle to a representative of the lender who holds the lien on your vehicle. You’re not selling the car, so you’re not getting paid. But if you need a way out of your car loan and burdensome payments, it’s an option.
All repossession, including voluntary car repossession, will hurt your credit score. Your score will see a sharp hit immediately, and the even will remain on your credit report for up to 7 years. Make sure you understand how having a lower credit score could impact your future before following through with repossession.
Options For Keeping Your Car and Overcoming Negative Equity
1. Make Extra Payments on Your Loan
Consider paying extra each month toward the principal balance. Most auto loans do not have prepayment penalties in 2025, but it’s best to check with your lender to confirm. Making extra payments reduces your auto loan balance faster, closing the gap between what you owe and your car’s value.
Pros and cons of making extra car payments
Pros:
Reduces the loan balance quickly.
Avoids additional loans or rolling over debt.
Cons:
Requires extra financial resources.
Could take time, depending on the size of the negative equity.
2. Keep It Simple: Pay Off the Loan As Agreed
If you don’t need to sell or trade the car, the simplest option is to keep making payments until the loan is paid off or the car’s value exceeds the loan balance.
Depreciation is the root cause of most cases of negative equity. The good news is that depreciation slows tremendously after the first three years of vehicle ownership. If you can afford to keep making payments with your current loan, you will eventually be out of negative equity, guaranteed.
Pros:
Avoids additional loans or out-of-pocket expenses.
Builds equity over time.
Cons:
It may take years to resolve negative equity.
Depreciation could continue to outpace loan payments for some time.
How CarEdge Can Help
Navigating the complexities of negative equity and car buying doesn’t have to be stressful. With CarEdge’s free tools and expert services, you can make informed decisions:
👉 CarEdge Insights: Get real-time market data to understand your car’s value and local car market trends.
👉 Dealer Invoice Pricing: Negotiate the best price on your next car with this FREE tool.
👉 Car Buying Concierge: Let our experts handle every step of the buying, leasing, or selling process for you. Looking to get the most for your underwater trade-in? We can help!
Ready to take control of your car ownership journey? Visit CarEdge.com and start saving today!
