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. 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.
Key takeaways
Quick scan — what you need to know:
- 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.
- 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. 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.
Background
What led here, in plain terms:
- -in owe more than it's worth, up 4.2 percentage points from a year ago but still below the prepandemic share.
- Full context often emerges as officials, markets, or courts add updates.
Why it matters
Why readers and decision-makers should care:
- 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.
- 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. An estimated 30.5% of car buyers with a trade-in owe more than it's worth, up 4.2 percentage points