(iSeeCars) – You’re about to start the car buying process. Which likely means you’re asking yourself that eternal question: What should I do with my used car? Sell it, or trade it in? There are ...

The average new car loan has a term of 68.48 months, according to the credit rating agency Experian – nearly six years of being married to your new ride. And that's just the average. Nowadays, ...

You might be able to trade in a car with negative equity, but it doesn’t always make sense Written By Written by Staff Loans Writer, Buy Side Emily Sherman is a staff loans writer for Buy Side, ...

A trade-in is ideal for getting a different vehicle, while refinancing might save you money Written By Written by Staff Loan Writer, Buy Side Bob Haegele is a staff loan writer at Buy Side covering ...

That does not mean the vehicles are submerged. In a sense, the drivers are. More than one in four trade-ins had negative equity in the third quarter of 2025, Edmunds reports. In auto industry parlance ...

Negative equity, or being upside-down on your auto loan, means owing more on your vehicle than its current value. Some dealers might accept trade-ins with negative equity if you pay off what you owe ...

Trading in a car can offset the purchase price of a new or used vehicle at a dealership. Refinancing replaces your existing auto loan with a new one, which might have a lower interest rate or a more ...