Edmunds Q4 Negative Equity Data
 | ||||
|---|---|---|---|---|
Year | Share of new vehicles purchased with a trade-in | Share of trade-ins with negative equity | Average amount of negative equity | Average trade-in age (years) |
| 2024 | 43.6% | 24.9% | -$6,838 | 3.3 |
| 2023 | 44.7% | 20.4% | -$6,054 | 3.0 |
| 2022 | 43.9% | 17.7% | -$5,353 | 2.8 |
| 2021 | 49.0% | 14.9% | -$4,147 | 2.7 |
| 2020 | 48.3% | 31.4% | -$5,063 | 3.2 |
| 2019 | 44.4% | 32.7% | -$5,658 | 3.3 |