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According to Kelley Blue Book, the average cost of a used car in October 2023 was $26,533, ... To calculate the total cost of car ownership, begin with the initial cost of the vehicle, and add ...
Kelley Blue Book, Edmunds and NADA are all great tools to determine your car value. The best tool is a personal decision and depends on what you are trying to accomplish by valuing your vehicle.
New and used car prices have increased due to the COVID-19 pandemic, gas prices have been fluctuating year over year, and many people want big cars that are much more expensive to own than small cars.
For used cars, Kelley Blue Book provides typical listing price, certified pre-owned price, trade-in value and private party value. [20] [21] Kelley Blue Book also offers expert and consumer vehicle reviews and ratings, and 5-year cost to own information for new cars. [22] [23]
According to Kelley Blue Book, the average cost of a new car as of March was $48,008, representing a 3.8% increase in transaction prices over the prior 12 months. Be Aware: 6 Used Cars To Stay ...
In 2011, two years after launching a similar service for new vehicles, the company launched a used car inventory search tool, allowing users to compare vehicles in their market. [12] Edmunds.com launched its first TV advertising campaign in select markets in 2012, before expanding nationally in 2013. [ 13 ]
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