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 ...
Trading in a vehicle is now easier than ever with online appraisal tools and services like CarMax and Carvana. Factors affecting trade-in value include vehicle age, mileage, condition, and demand, ...
It's the age-old question for car owners: maximize a car's trade-in value and replace it early or drive it long term and wait until you get that last mile before trading it for a new vehicle. So when ...
The average sales price of 3-year-old used vehicles surpassed the $30,000 mark in Q1 2025, narrowing the gap with new car prices to under $17K for the first time since 2022. Due to unexpected market ...
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 ...
Trading in a car can seem like the easiest way to upgrade your ride, but for some models, the dealer’s offer will feel like an insult. In 2025, several vehicles are facing such steep depreciation and ...