Nearly 1 in 4 Americans Who Financed a New Car Purchase with a Trade-in During Q2 Were Upside Down on Their Loan, According to Edmunds
July 10, 2024 09:03 ET
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Edmunds
Santa Monica, Calif., July 10, 2024 (GLOBE NEWSWIRE) -- A growing share of car owners are finding themselves upside down on their car loans as used car values continue to normalize. According to Q2...
New-Vehicle Buyers ‘Stretched to Financial Limits’ in Q2 2024, According to Edmunds Experts
July 02, 2024 09:00 ET
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Edmunds
SANTA MONICA, Calif., July 02, 2024 (GLOBE NEWSWIRE) -- Trends in Q2 auto finance data point to new-vehicle buyers stretched to their financial limits, according to the car shopping experts at...
New Vehicle Sales Expected to Remain Flat in Q2 Despite Ongoing Affordability Hurdles and a Challenging June, According to Edmunds
June 27, 2024 09:03 ET
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Edmunds
Santa Monica, Calif., June 27, 2024 (GLOBE NEWSWIRE) -- The car shopping experts from Edmunds forecast that 4,112,804 new cars and trucks will be sold in the U.S. in the second quarter of 2024,...
New Vehicle Discounting Returns This Memorial Day Weekend Holiday, According to Edmunds Experts
May 22, 2024 09:03 ET
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Edmunds
Santa Monica, Calif., May 22, 2024 (GLOBE NEWSWIRE) -- Good news for car shoppers seeking a reprieve from scorching new vehicle costs this summer: Outgoing model year (2023MY) inventory available on...
Elevated Auto Loan Rates Hinder New- and Used-Car Shoppers in Q1 2024, According to Edmunds
April 02, 2024 09:00 ET
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Edmunds
SANTA MONICA, Calif., April 02, 2024 (GLOBE NEWSWIRE) -- Affordability challenges highlighted by stubbornly high interest rates are impeding growth in the new and used car markets, according to the...
New Vehicle Sales Expected to Lift Slightly in Q1 Despite Affordability Challenges, According to Edmunds
March 28, 2024 09:03 ET
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Edmunds
Santa Monica, Calif., March 28, 2024 (GLOBE NEWSWIRE) -- The car shopping experts from Edmunds forecast that 3,772,894 new cars and trucks will be sold in the U.S. in the first quarter of 2024,...
Negative Equity on Vehicle Trade-Ins Pick Up Steam as Used Car Values Dwindle, According to Edmunds’ Q4 Used Vehicle Report
March 13, 2024 09:05 ET
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Edmunds
Santa Monica, Calif., March 13, 2024 (GLOBE NEWSWIRE) -- A growing number of consumers are finding themselves upside down on their car loans as the used vehicle market continues to stabilize and...
Edmunds Presents 12th Annual Five Star Dealer Awards Honoring Exceptional Customer Service
March 04, 2024 09:03 ET
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Edmunds
Santa Monica, Calif., March 04, 2024 (GLOBE NEWSWIRE) -- Edmunds, an online car shopping resource that generates more than 20 million visits every month, today announced the winners of the 2024...
Edmunds Top Rated Awards 2024: Honoring the Best Vehicles on Sale Today
January 24, 2024 09:00 ET
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Edmunds
SANTA MONICA, Calif., Jan. 24, 2024 (GLOBE NEWSWIRE) -- The car shopping experts at Edmunds today announced the winners of the Edmunds Top Rated Awards 2024. Presented annually, the awards recognize...
Lower Interest Rates Secured on More Manageable Term Lengths for New Vehicles in Q4, According to Edmunds
January 03, 2024 09:00 ET
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Edmunds
SANTA MONICA, Calif., Jan. 03, 2024 (GLOBE NEWSWIRE) -- Auto financing is demonstrating positive indicators amid the challenging borrowing environment and new monthly payment and down payment...