In a Los Angeles suburb, multigenerational families like the Benns found affordable housing and a deep sense of connection.

Get a new car or truck when you owe nearly $7,000 more than the old one is worth? And it's only worse if you're trying to trade in an electric vehicle. Being upside down, if you will, leaves ...

Get a new car or truck when you owe nearly $7,000 more than the old one is worth? And it's only worse if you're trying to trade in an electric vehicle. Being upside down, if you will, leaves consumers ...

According to an analysis by car shopping experts at Edmunds, the average negative equity for upside-down car loans has surged to more than $6,800, with one in four borrowers owing more than $10,000.

it wasn’t too long ago when more than a third of trade-ins toward new-car purchases were upside down,” said Jessica Caldwell, Edmunds’ head of insights. “What’s particularly alarming in ...

You’re not alone. Cars today are getting way more expensive. The average transaction price for a new vehicle hit $49,740 in December, up 1.3% year over year, according to Kelley Blue Book.