Several factors affect your car’s value, including its condition, history and market demand. Let’s look at these factors and why they matter to prospective buyers. A vehicle that has never been in an ...

New cars can lose over 20% of their original value in just a year due to depreciation. Five years into ownership, a new car can lose 60% of its original value. Well-maintained vehicles have the best ...

Knowing your car’s value is an important piece of information. You may use this figure for insurance reasons, when preparing to buy or sell, when preparing to refinance or when calculating your net ...

Although experts anticipate more inventory reaching the used car market, increased supply may not translate into meaningful relief from elevated prices.

Prices are beginning to come down from peak highs for both new and used cars, but we might never go back to pre-pandemic norms, experts say. "The bad news is we're never going back to the old normal.