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, ...
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 ...
You might be able to trade in a car with negative equity, but it doesn’t always make sense ...
Being upside-down is generally never a good thing. In the case of a car loan, it means you owe more than the value of your ride. This situation isn't unusual if you financed with a high-interest loan.
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 ...
I am retired and not wealthy. I am a senior citizen who has experienced mass layoffs, recessions and health issues, and there was no such thing as inheritance in my family. I have to be careful about ...