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 ...

When it comes to car color, it never hurts to know which affect resale value. White, silver and red hold value better as ...

A car’s price tag at the dealership is not the same thing as its worth in the real world. A vehicle’s true market value — the dollar amount buyers and sellers are actually ...

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.

If you have a car loan, we have a math assignment for you. Find an online car value calculator. Figure out how much your vehicle is worth. Then look up your loan balance and compare that number to ...

According to the J.D. Power and GlobalData U.S. Automotive Forecast for October 2024, the average price of a used car is $28,472. This value is 2.3% lower than in October 2023 due to a drop in ...

Headlines have blared about price increases since the Trump administration first announced new auto industry tariffs in early April. It can be alarming if you’re staring down an old car racking up ...

Tesla dominated the depreciation charts, but it wasn’t alone. From luxury EVs to plug-in hybrids, these models lost thousands in value over the past year. Used car prices are finally starting to creep ...