#borrowing
Consumers Take a Bath on Rapidly Depreciating Trade-ins
The tsunami of pre-owned vehicles flooding dealer lots is great news for those seeking an affordable, low-wear used car, but the previous owners are taking a hit.
More than ever before, owners returning their vehicle for a trade-in are discovering their old car’s value sank faster than their ability to pay it off. New car buyers, take warning.
Steph Willems
Nov 28, 2016
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