New data shows average transaction prices hit a record high, driven by strong EV sales and luxury demand, leaving ...

The average sales price of a three-year-old used car in America surpassed $30K for the first time since 2023. The average age of used cars returning to dealerships has gone up, attributable to the low ...

On April 3, the Trump administration’s sweeping tariffs on virtually all imported goods entering the U.S., including a 25% tariff on all foreign-made automobiles, went into effect. While many ...

Remember when a 5-year-old sedan could be yours for $15,000? These days, even a “bargain” on the used lot feels like bidding at an auction. Used car prices are now about 40% higher than before the ...

Used vehicle prices are on the rise - something you've heard Car Pro Show host Jerry Reynolds say on the show recently. New data from iSeeCars finds that after dropping throughout 2023 and 2024, used ...

New cars typically lose value — and quickly. But some basic calculations will help you decide whether it’s worth buying a used vehicle instead. I often advise individuals seeking to replace their old ...

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 ...

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 ...

LOUISVILLE, Ky. (WDRB) -- Used cars are continuing to rise in 2025, which is great news if you are looking to trade in your old vehicle. An instant cash offer may sound like a great way to unload it, ...