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Think You Know What Your Trade-In Is Worth? Dealers Hope You Don’t
Trading in your car can feel like a game. Here’s how to stay one move ahead and keep more money in your pocket.
Wholesale price/trade-in value. This is essentially a car's trade-in value to a dealer, who will likely sell it to someone else for profit. Understandably, the trade-in price is much lower than the ...
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 ...
Not too long ago, I sold my home. There were a lot of reasons, but the main one was that the market had taken an upswing, and my home was worth a lot more than it ever had been before. The whole ...
One of the most aggravating aspects of buying a new car is that almost immediately after you drive it off a dealer's lot, its value drops. There is virtually no exception to this, no matter the brand ...
New Edmunds data shows that the average price for three-year-old used cars has surpassed $30,000 for the first time since 2023. This updated figure narrows the gap between new vehicle prices and three ...
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