Accidents. Almost everyone encounters them at some point, and while many are thankfully minor, even small incidents can impact a vehicle’s value significantly. This depreciation often results in a financial loss for owners. Knowing how accidents—whether minor or major—affect a car’s worth is essential for both buyers and sellers. The following provides insight into the...
Read MoreKeeping a high-mileage car can be a smart financial choice with clear advantages but also some potential downsides. Here’s a look at when it’s worth sticking with an older vehicle and when it may be time to consider an upgrade. One major advantage of high-mileage cars is cost savings. After a vehicle passes 100,000 miles,...
Read MoreAs the holiday season approaches, many service members find themselves far from family, fulfilling a commitment to serve our nation. In October 2023, the U.S. Army made a significant policy change by discontinuing the long-standing benefit of free storage for soldiers’ vehicles and personal belongings during deployment. For those already bearing the weight of being...
Read MoreFiguring out your car’s value isn’t always straightforward—it depends on multiple aspects like the car’s make, model, year, mileage, condition, and current market trends. Platforms like Kelley Blue Book (KBB), Edmunds, and NADA Guides can offer a quick value estimate, but are they fully reliable? NADA’s data is widely respected, but some critics suggest it...
Read MoreWe are weighing in on this massive recall! September 2024, Ford Motor Company issued a significant recall affecting approximately 90,736 vehicles due to an engine issue that could lead to serious safety concerns. The recall impacts select 2021-2022 models, including the Ford Bronco, F-150, Edge, Explorer, and the Lincoln Nautilus and Aviator. Vehicles equipped with...
Read MoreVerifying whether a vehicle's engine is original involves cross-referencing the engine number with the Vehicle Identification Number (VIN). This process is essential for maintaining a vehicle's authenticity, especially for classic or collectible cars, and it helps provide assurance to potential buyers about the originality of the vehicle. Here's how to cross-reference the engine number with...
Read MoreDepreciation is one of the most significant financial realities of vehicle ownership. As soon as a new car is purchased and driven off the lot, it begins to lose value—rapidly. On average, a vehicle loses about 60% of its value within the first five years, a staggering figure that often catches owners by surprise. This...
Read MoreIt's been another month and it's our followup on recalls! Since September 2024, a series of vehicle recalls has surfaced across various manufacturers, highlighting the ongoing challenges in maintaining automotive safety standards. As these recalls unfold, drivers and consumers are reminded of the importance of vigilance when it comes to vehicle safety, as even seemingly...
Read MoreWhen it comes to selling your car online, the internet is rife with options. Companies like WeBuyAnyCar.com have gained notoriety for promising fast, hassle-free car sales. However, lurking behind the flashy ads and slick websites are the pitfalls that can leave you with much less money than you anticipated. Let’s take a closer look at...
Read MoreIf you have a vehicle that's been in a flood there's a couple of things you need to do really fast… Pray that the vehicle insurance policy is in force and that you have flood coverage (comprehensive) Determine if the water inside your vehicle is fresh or saltwater Saltwater flood losses are incredibly destructive. There...
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