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More Car Buyers Roll Underwater Loans Into Costly New Deals

did:plc:kpkcscbf2zshv7shqgqn45wn March 31, 2026
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Car buyers are dragging more old debt into new deals, and the tab is getting heavier, CNBC reports. JD Power estimates about 30.5% of people trading in a vehicle on a new purchase now owe more than the car they're trading in is worth, up 4.2 percentage points...

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