Depreciation is when something new loses value over time, and every car experiences it over the years. Some cars depreciate at a faster rate than others, based on several factors beyond normal wear ...
Overall, used car prices increased around 1% last year. Some cars, though, lost an alarming amount over the past 12 months. For the first time in the last two and a half years, the average value of a ...
Knowing the book value is one of the ways to get more for your vehicle when trading it in or selling it on your own. The National Automobile Dealers Association, or NADA, advertises itself as a ...
When looking at which cars are losing the most value, electric vehicles are playing a disproportionate role despite their limited share of overall new car sales. According to the latest study from ...
What’s Driving the Decline in Collector Car Values? The collector-car market’s pandemic-fueled boom has eased, with median sale prices down about 20% from late 2022 highs to roughly $27,800 (Hagerty ...