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, ...

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 ...

Most people weigh their options when their lease is about to expire. They either decide to take the vehicle back to the dealer or opt to buy a new one. There is also another option which is using your ...

Getting a new vehicle is exciting, but what about your current car? Do you trade it into the dealership or privately sell it? Dealers will take your car to trade in and put towards the price of the ...

Many people choose to trade in their vehicle versus selling it themselves, usually due to one main reason — convenience. It makes sense, as it can be exhausting to reply to inquiries, set showing ...

A recent report indicates that an increasing number of car buyers have vehicle trade-ins with negative equity as rising monthly payments and total financing hit all-time high. The report states that ...

CHICAGO (April 2, 2024) — Car-shopping marketplace Cars.comⓇ (NYSE: CARS) unveils Your Garage, a powerful tool designed to provide car owners with the ability to track the value of their vehicle over ...

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 ...