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Certified pre-owned value: A certified pre-owned value is the value of a vehicle that has been inspected by third-party inspectors. Vehicles backed by certified pre-owned factors include a factory ...
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 ...
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.
Used car prices tumbled 7% in 2023, ... The Manheim Used Vehicle Value Index ... Cox reports December total new-light-vehicle sales in the US were up 13.0% for the year, good for a seasonally ...
In certain jurisdictions, the courts are required to hold fair market hearings, even if the borrowers or the loans guarantors waived their rights to such a hearing in the loan documents. [2] FMV is often used for taxation purposes, determining the value of charitable donations, estate planning, and other financial transactions.
Glass's Guide is the leading British motor trades guide to used car prices, often referred to in the trade as "the bible". Monitoring car values since 1933, it reflects how cars have become increasingly affordable – the £145 list price for a Ford 10 De Luxe (including £5 for an optional sliding roof) was the equivalent of almost two years' salary.
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