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 ...

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 ...

A growing share of car owners are underwater on their auto loans, reports the car-buying resource Edmunds. According to a second quarter report, 26.6% of trade-ins toward new-car purchases had ...

Use the 7.6-year benchmark, a $3,000 repair limit, and 150,000 miles to decide—keep a solid car to 10–12 years, or trade before big failures land. Trade-ins average 7.6 years old; vehicle age on U.S.

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 ...

In the fourth quarter of 2025, 29.3% of trade-ins toward new car purchases had negative equity, according to new data from car website Edmunds. The average amount owed on trade-ins with negative ...