negative equity impact real estate Archives - Fairview Commercial Lending

Negative equity in over 33% of new car purchases

by Glen | Dec 3, 2019 | Real Estate economic trends, real estate investing, Real Estate Trends, Real estate Valuation

The two largest purchases by consumers are houses and cars. Cars are starting to look like the prior housing debacle. Some 33% of people who traded in cars to buy new ones in the first nine months of 2019 had negative equity, compared with 28% five years ago and 19%...

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Negative equity in over 33% of new car purchases

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