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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 ...
Researching the value of your car using KBB, Edmunds, NADA or even a third-party appraiser or claims adjuster can help determine your car’s value and give you a sense of what is a fair payment ...
New cars are sitting on the lot longer, driving up incentives on new cars and pushing down prices on older vehicles. Some, like Drury, do not expect used car values to plummet in 2025, which would ...
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.
According to a recent Edmunds used vehicle report, demand for used cars is dropping and so are their values as the new-car market rebounds from pandemic-induced shortages. This is especially true ...
Edmunds reported the average used car price in late 2024 was $27,177 — suggesting that shedding unused vehicles could add a significant amount to your retirement fund. But the benefits don’t ...
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