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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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May 29, 2026 / Tyler Durden
SpaceX Reportedly Lowers IPO Valuation Target
SpaceX Reportedly Lowers IPO Valuation Target
SpaceX is targeting a valuation of at least $1.8 trillion in its upcoming initial public offering, Bloomberg reported, citing people familiar with the matter. This is below an earlier goal of more than $2 trillion.
In practice, the initial IPO valuation target is a marketing range, not a final number. Therefore, any valuation shifts ahead of the trading day would not be unusual. This suggests advisers are calibrating the deal to what investors are willing to absorb, especially given the massive proposed raise of...
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Mar 14, 2026 / Wanjiru Njoya
Cultural Marxism Masquerading as True History
Modern academic historians have been captured by the cultural Marxists, no matter how much they deny the obvious truth.
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Apr 18, 2026 / Attila Rebak
What 1971 Set in Motion
The boom-bust cycle is not a mystery. Understanding why requires grappling honestly with what the last fifty years produced.
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