Price data on 3-year-old used cars shows a market with numbers similar to a couple of years ago when inventory was a challenge.
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 ...
Selling or trading in your car can significantly contribute to the purchase of a new vehicle. The question is: When is the best time to trade in or sell your car? Value retention and depreciation are ...