Vehicle impounded? Unlock your car, SUV or truck's equity with CarBuyerUSA’s Impound-to-Outbound service. You are not alone – 70,000 vehicles are impounded in the United States daily. The reasons are numerous: Collision/Accident – towed away Breakdown – towed away Parked on private property – towed away DUI/arrest – towed away Homeowners’ association covenant violation –...

The Used Car Market has indeed been very difficult the last two years, with 2024 wrapping up showing signs of light. Used Vehicle Retail volume was up 4% over 2023 but inflation, high interest rates and surging insurance premiums have driven the cost of ownership skyward. The average price of a used car jumped to...

Electric vehicles (EVs) are becoming a common sight on roads worldwide, celebrated for their eco- friendliness, lower operating costs, and cutting-edge technology. However, just like traditional gasoline- powered vehicles, the resale value of an EV can be significantly influenced by mileage. Understanding how mileage affects your EV's resale value is crucial, especially if you're considering...

Snow and salt damage are significant factors that can impact a vehicle's condition and resale value, particularly in regions with harsh winters. The combination of freezing temperatures, snow, and road salt can lead to both cosmetic and mechanical issues, which may not only affect the car’s appearance but also its long-term performance and desirability in...

Mileage is one of the most discussed factors when it comes to determining a car's value. While it's true that the number of miles on the odometer plays a significant role in pricing, there are nuances that go beyond the surface. Let’s explore how mileage truly affects car value, separating myths from reality. When you...

Car depreciation is a crucial consideration for anyone buying or selling a vehicle. Simply put, depreciation is the loss in value a car experiences over time. While all vehicles depreciate, some factors play a more significant role than others in determining how quickly a car loses its value. Understanding these factors can help you make...

Electric vehicles (EVs) have been at the forefront of the automotive industry’s transformation in recent years. With rising environmental concerns, advances in battery technology, and government incentives, EVs are no longer just futuristic ideas but increasingly a possible option for many drivers. However, the question remains: are they worth the investment? One of the biggest...

Since December 1, 2024, several vehicle recalls have been announced by manufacturers due to safety concerns, highlighting the importance of staying informed about potential risks. Here's an overview of recent developments in the automotive world. Tesla has issued a recall for approximately 239,000 vehicles, including the 2024–2025 Model 3 and Model S, as well as...

When it comes to vehicle ownership, one key factor influencing buying decisions is how well a vehicle holds its value over time. Trucks and SUVs are often considered better investments than sedans due to their higher resale values. But is this assumption accurate? And if so, what makes trucks and SUVs retain their value better...

The used car market has experienced a remarkable boom in recent years, significantly altering how vehicles are valued. This transformation is not only impacting buyers and sellers but also reshaping the automotive industry’s economic landscape. A confluence of factors, including supply chain disruptions, increased demand for affordable alternatives, and shifting consumer preferences, has fueled this...