Toyota Tundra Owners Are Rolling An Average $8,929 Into Their Next Loan | Carscoops
- Nearly 30 percent of trade-ins carried negative equity in Q2 2026. - Average underwater loan balance reached a record Q2 high of $6,884. - Popular trucks and SUVs are now often trapped by expensive financing.
Read moreDo You Owe More Than Your Car's Resale Value? What To Know Before Accepting A Trade-In Offer
Being upside-down is generally never a good thing. In the case of a car loan, it means you owe more than the value of your ride. This situation isn't unusual if you financed with a high-interest loan.
Read moreYou're all caught up.