Discover how the Kelley Blue Book helps determine fair market and trade-in values for cars, offering insights into automotive pricing and ownership costs.
New cars can lose over 20% of their original value in just a year due to depreciation. Five years into ownership, a new car can lose 60% of its original value. Well-maintained vehicles have the best ...
Depreciation is when something new loses value over time, and every car experiences it over the years. Some cars depreciate at a faster rate than others, based on several factors beyond normal wear ...
Carrie Pallardy has more than nine years of experience writing about a range of topics, including healthcare and cybersecurity. Her expertise includes personal finance, insurance, real estate, and ...
Overall, used car prices increased around 1% last year. Some cars, though, lost an alarming amount over the past 12 months. For the first time in the last two and a half years, the average value of a ...
Knowing the book value is one of the ways to get more for your vehicle when trading it in or selling it on your own. The National Automobile Dealers Association, or NADA, advertises itself as a ...
Scott Auto Sales has also published a new manual that is meant to introduce the buyer on how to assess the true worth of ...
Cars sold in uncommon colors tend to hold their value better than cars wearing common or mundane hues. Yellow cars hold their value better than cars of any other color. According to a report from ...
What’s Driving the Decline in Collector Car Values? The collector-car market’s pandemic-fueled boom has eased, with median sale prices down about 20% from late 2022 highs to roughly $27,800 (Hagerty ...
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