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 ...

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 ...

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 ...

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 ...

Buying a new car is cause for celebration, but selling it for half-off in a few years time certainly is not, which is why you might want to pick a model that historically benefits from strong residual ...

You want your dollar stretched as far as possible, right? A Cars.com survey found 71% of Americans have changed their spending habits in the last year with 76% reported spending less. The goal of Cars ...