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 ...

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 ...

As buying used becomes the "New Normal," used car prices are receiving more scrutiny than ever before. Although the year began with declines in the average used car price, the trend quickly shifted.

According to the JD Power and GlobalData U.S. Automotive Forecast for October 2024, the average price of a used car is $28,472. This value is 2.3% lower than in October 2023 due to a drop in trade-in ...

Car dealers restock their sales lots through used car auctions. Auction prices ended September 2% higher than a year ago, but just 0.2% higher than in August. The numbers come from Kelley Blue Book’s ...