Trade-ins hit 7.6 years on average in Q1 2025, the oldest since 2019. At the same time, the average vehicle age on U.S. roads ...
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 ...
Per Experian, the average monthly car payment in 2024 is $735 for a new car and $523 for used. For many, though, there's no ...
GREENSBORO, N.C. — The average price of a new car is right around that $48,000 mark. Of course, you know that new car is only that price for a minute. As soon as you drive your car off the lot, it ...
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 ...
Classic car ownership generally represents a solid means of capital investment, provided you have the funds to keep your vehicle well-maintained. But if you're trying to get ahead of the curve and are ...
When it comes to the consideration of whether to buy a new car or fix your current ride, for most of us, it comes down to dollars and cents.
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 ...
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 ...
Gearing up to buy a new car is an exciting prospect that, for two-thirds of Americans, comes along at least once every five years. Put another way, the average U.S. citizen owns 9.4 new cars during ...
We’ve all been there: Your cars in the shop — again — and the estimate makes you cringe. While repairing an older car is often cheaper than buying a new one, there can come a tipping point when you ...
Question: My car is 10 years old. Should I drop down to minimum coverage on my car insurance? Answer: The 10-year mark is a good time to reevaluate your car insurance needs, but there's more to making ...