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 ...
In this column, I mainly focus on buying cars. But there’s another half of the equation, and it’s just as important. The trade-in. Let’s take a look at trading in your old car. Before we get into ...
Many years ago, I was in an accident and my car was badly damaged. So badly, in fact, that the insurance company declared the vehicle to be a total loss. That means they decided it was not worth ...
The dealer invoice price, or simply the invoice price, is the amount the manufacturer charges the dealer for a specific new ...
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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 ...
Everyone who has ever walked into a dealership finance office has had the same thought: "My car is special." It's a lovely sentiment. Maybe it's the unusual paint code, the pricey premium wheel ...
Automotive research company iSeeCars conducted a study revealing the best and worst car colors for depreciation. While some colors have above-average depreciation rates, there are still plenty of ...
I wish we all had a military-sized budget for car shopping and no obligation to recoup money by selling our old cars, but that's not the case. If you want to get the most out of your current car and ...