Edmunds SHOCKS the Auto Industry

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Edmunds drops some ELECTRIFYING new info !! More than 1/5th (22%) of vehicle proprietors with negative equity were underwater by greater than $10k! Ray and Zach examine the brand-new Edmunds info in addition to our very own Negative Equity Report and review what led us to this factor, exactly how poor points have gotten, that’s at fault, and what can be done regarding it.

Edmunds Data:
⮕ https://www.edmunds.com/industry/press/negative-equity-on-the-rise-the-average-amount-owed-on-upside-down-car-loans-hit-an-all-time-high-in-q3-2024-according-to-edmunds.html

CarEdge/Black Book Negative Equity Report:
⮕ https://caredge.com/equityreport

Do not have time to check out the complete report? Look into Justin’s article for a cool summary:
⮕ https://caredge.com/guides/caredge-black-book-negative-equity-report-q3-2024

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