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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Inflation Fears Plummet As UMich's Democratic Bias Is Exposed
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After rebounding strongly in preliminary February data (as Democrats came to their senses over the fearmongered Trump tariff-flation), the final UMich sentiment survey print slipped lower with the headline lowered from 57.3 to 56.6. Both Current Conditions and Expectations were lower than the flash print with the latter falling to 2 month lows and the former holding at 4-month highs...
Does anyone else think its weird that all the numbers were exactly the same at 56.6
Source: Bloomberg
Democrats and Republicans led the decrease...
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