Article
Negative Equity Leaves 30% Of Car-Buyers Underwater On Trade‑Ins
Negative Equity Leaves 30% Of Car-Buyers Underwater On Trade‑Ins
Authored by Andrew Moran via The Epoch Times,
Almost one-third of American car buyers with a trade-in owe more than the vehicle is worth, new industry data show.
About 30.5 percent of buyers trading in a car toward a new vehicle maintained negative equity, according to a JD Power report released on March 26.
This is up 4.2 percentage points from a year ago and has been steadily rising since 2022, “as consumers who purchased during the peak of inventory shortages 4 years ago...
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US, Australia Halt Consular Services In Brazil Before Presidential Election, Citing Security Concerns
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Authored by Aldgra Fredly via The Epoch Times,
The United States and Australia on Oct. 2 suspended consular services in Brazil, citing security concerns ahead of the country's high-stakes presidential elections.
Security personnel stand outside the U.S. embassy after consular services were suspended due to security concerns in Brasilia, Brazil, on Oct. 2, 2026. Eraldo Peres/AP PhotoThe U.S. embassy in Brazil issued an alert advising U.S. citizens seeking emergency assistance to contact the appropriate duty officer instead of visiting...
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