Nearly 1 in 3 people trading in their cars are underwater on their loans—meaning they owe more than the car is worth. The average negative equity? A record $7,214! Blame sky-high car prices, long pandemic loans, and a lack of deals. Gen X is leading the way with the longest loans and highest payments. If you’re thinking about trading in, check your numbers first—rolling debt forward can trap you in a cycle of bigger payments and fewer options. #Cars #BuyingCar #CarLoans