Car dealers have turned the trade-in into one of their most reliable profit centers, not just by selling your old car, but by ...

Trading in a vehicle is now easier than ever with online appraisal tools and services like CarMax and Carvana. Factors affecting trade-in value include vehicle age, mileage, condition, and demand, ...

The average new car loan has a term of 68.48 months, according to the credit rating agency Experian – nearly six years of being married to your new ride. And that's just the average. Nowadays, ...

What's My Car Worth? How do you calculate my car's value? To estimate your car's current market value, MotorTrend taps into the expertise of Black Book, a trusted name in automotive valuation used ...

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 ...

Being upside-down is generally never a good thing. In the case of a car loan, it means you owe more than the value of your ride. This situation isn't unusual if you financed with a high-interest loan.

Car dealers have a bad reputation as shady hustlers who exist only to fast-talk suckers out of their money. The truth is, many car dealers are scrupulous business people who trade on their reputations ...

There is no used car market for EVs,” Epps says at the top of his post. The car seller said that folks who sell electric ...

PHOENIX (AZFamily) — A Phoenix woman says she was left with two car payments after a dealership failed to honor what she believed was a trade-in agreement for her broken-down vehicle. Korissa Morgan ...

It's the age-old question for car owners: maximize a car's trade-in value and replace it early or drive it long term and wait until you get that last mile before trading it for a new vehicle. So when ...