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The first step in finding out the exact value of your car is to evaluate it objectively. According to Kelly Blue Book, owners overvalue their vehicles when setting an asking price. Note features ...
According to Manheim’s latest used vehicle value index, used gas-powered car prices fell 3.5% in October, whereas pure EV prices fell by 11.1%. And the downward pressure on prices will continue.
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.
A used car, a pre-owned vehicle, or a secondhand car, is a vehicle that has previously had one or more retail owners. Used cars are sold through a variety of outlets, including franchise and independent car dealers, rental car companies, buy here pay here dealerships, leasing offices, auctions, and private party sales.
The Black Book family of vehicle appraisal guides in the United States, providing vehicle pricing data, is published by National Auto Research, a division of Hearst Communications. New and used car dealers, lenders, manufacturers, fleet remarketers, and government agencies have used Black Book since 1955. Black Book provides values for both new ...
Edmunds said used car prices fell 6.2% last quarter compared to a year ago, but the declines are not much of a relief for consumers, given that the average used vehicle price is still up 31.4% ...
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