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  2. How To Find the True Value of Your Car — and What ... - AOL

    www.aol.com/true-value-car-number-means...

    Today, the average used car has around 70,000 miles, and some dealerships take in cars with up to 150,000 miles as trades. However, a vehicle with lower miles usually sells for a higher price than ...

  3. 13 Ways Ways To Increase the Value of Your Car in 2024 - AOL

    www.aol.com/13-ways-ways-increase-value...

    Age and Mileage. Mileage has a greater effect on depreciation than age does. Cars are usually driven anywhere between 10,000 and 15,000 miles a year on average.

  4. Kelley Blue Book - Wikipedia

    en.wikipedia.org/wiki/Kelley_Blue_Book

    The company reports market value prices for new and used automobiles of all types, as well as motorcycles, snowmobiles and personal watercraft. [16] For both new and used automobiles, Kelley Blue Book provides a fair market range and fair purchase price, based on actual transactions of what others are paying for a vehicle and adjusted regularly as market conditions change.

  5. Car costs - Wikipedia

    en.wikipedia.org/wiki/Car_costs

    The yearly depreciation of a car is the amount its value decreases every year. Normally a car's value is correlated with the price it has on the market, but on average a car has a depreciation around 15–20% per year. [12] [13] Depending on market conditions, cars may depreciate 10–30% the first year. [14]

  6. 2 Reasons You Should Buy a New Car Instead of a Used ... - AOL

    www.aol.com/finance/2-reasons-buy-car-instead...

    Although new car prices are predicted to remain high in 2025, it might be a better bet to buy a new car versus a used car if you’re looking to purchase this year.

  7. Market value - Wikipedia

    en.wikipedia.org/wiki/Market_value

    Market value or OMV (Open Market Valuation) is the price at which an asset would trade in a competitive auction setting.Market value is often used interchangeably with open market value, fair value or fair market value, although these terms have distinct definitions in different standards, and differ in some circumstances.

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