Many people choose to trade in their vehicle versus selling it themselves, usually due to one main reason — convenience. It makes sense, as it can be exhausting to reply to inquiries, set showing ...

Trading in a vehicle is now easier than ever with online appraisal tools and services like CarMax and Carvana. Factors affecting trade-in value include vehicle age, mileage, condition, and demand, ...

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 a troubling development for car buyers, recent analysis reveals that 1 in 4 new car trade-ins are now ‘underwater', ...

Trading in a vehicle can be confusing and seem overwhelming if you are unfamiliar with the process. However, the process of trading in a vehicle is often comparable to privately selling a car. When ...

This is the highest share Edmunds has reported in four years, meaning a growing number of people are dragging additional debt ...

It's the age-old question for car owners: maximize a car's trade-in value and replace it early or drive it long term and wait until you get that last mile before trading it for a new vehicle. So when ...