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Record quantity of car purchasers ‘upside straight straight down’ on trade-ins

Record quantity of car purchasers ‘upside straight straight down’ on trade-ins The portion of carbuyers exchanging in vehicles which are worth significantly less than their loan balances reached an archive 32% to date in 2016, based on Edmunds.com. Individuals with those loans that are underwater see it is difficult to have financing once they are interested their next car. (Picture: Susan Tompor, Detroit Complimentary Press) The revolution of easy credit and longer car loans has kept an archive portion of [...]