Your hard earned money adviser: how exactly to purchase a motor automobile if you have an ups >

Your hard earned money adviser: how exactly to purchase a motor automobile if you have an ups >

More and more people who trade inside their car when purchasing a vehicle that is new “upside down,” meaning that they owe more on their old car finance as compared to vehicle is really worth.

Edmunds estimates that 32 per cent of trade-ins for new-car purchases in the 1st nine months of the 12 months had “negative equity,” up from 30 % for similar duration this past year. The upside-down shoppers had average negative equity of more than $4,800 during the time of trade-in, which Edmunds stated may be the greatest as it started tracking such information in 2002. (더 보기…)

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