Published On Mar 27, 2024
Edmunds Article:
⮕ https://www.edmunds.com/industry/pres...
🚗 Say hello to CarEdge, your one-stop shop for all things auto:
⮕ https://caredge.com
🚗 Join the CarEdge Community:
⮕ https://caredge.com/community
🚗 Get educated on buying a car with CarEdge's Deal School 3.0:
⮕ https://caredge.com/dealschool
CarEdge Podcast: Daily News You Can Use
⮕ Spotify: https://open.spotify.com/show/5Mv58R6...
⮕ Apple: https://podcasts.apple.com/us/podcast...
Instagram ⮕ / mycaredge
TikTok ⮕ / zachshefska
Check out CarEdge merch:
⮕ https://shop.caredge.com/
Watch out for the tsunami! Ray and Zach dive into some disturbing news from Edmunds: the amount of trade-ins with negative equity is increasing, and the average amount of money owed on these vehicles is also on the rise. Dealers are taking advantage with predatory "Upside-Down Payoff Sales Events." What a mess!