Americans Are Rolling Record Debt Into New Vehicles. These Top the ListAmericans Are Rolling Record Debt Into New Vehicles. These Top the ListAmericans Are Rolling Record Debt Into New Vehicles. These Top the List
USA TODAY Network / ReutersWith new car prices averaging close to $50,000, more buyers than ever are going deeper into debt to finance vehicle purchases. Almost 30% of recent new car buyers were underwater on loans for their trade-ins, meaning they still owed more on their old cars than they were worth at the time, according to new data recently released by Edmunds. Edmunds said the average amount of negative equity…