In this video, we delve into the surprising findings of a recent study by Edmunds on EV ownership and loan trends. Discover why nearly a quarter of new car buyers, especially those with electrified vehicles, find themselves underwater on their loans. The study reveals a significant rise in negative equity for traded EVs, doubling in just two years. Learn how quickly EV owners are trading in their vehicles and why luxury cars, like the Mercedes EQS, face steep depreciation. Explore the impact of pandemic pricing and emerging technology on car loan risks. #EVUnderwaterLoan #CarDepreciation #EVTradeIn #VehicleLoanStudy #LuxuryCarDepreciation
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