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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 ...
According to J.D. Power's data, the average monthly car payment in November 2024 was $740, $15 more than November 2023. It is a whopping $150 more than the average monthly car payment in November ...
Black Book collects data from wholesale auctions it attends in person or online, applies adjustments and compares them against dealer advertised prices. Access is restricted because it requires subscriptions, but public access to its price search features are accessible through third party sites such as Newcars.com. [4] Assessing car value is dependent on several factors including make, model ...
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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.
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