The First Truth you will hear is that Edmunds is wholly owned by CarMax… In April 2021, CarMax, the largest used-car retailer in the United States, acquired Edmunds, an automotive research and review website. While Edmunds continues to operate independently, offering car reviews, pricing tools, and other resources, they funnel all consumer leads to CarMax...

The fast answer is no, not really!  Why?  Because it is exactly what it says – it’s a price guide, not a guarantee or more importantly a cash offer!  Vehicle valuation guidebooks have evolved into internet conglomerations.  Kelley Blue Book is a digital marketing powerhouse with over 20+ million visits per month to their website....

Here is a vehicle value mystery for you! Most cars lose value the moment they leave the dealership, but a select few actually appreciate over time. While depreciation is the norm in the automotive world, some vehicles defy expectations and become more valuable as they age. Understanding why this happens requires looking at factors such...

Car values play a crucial role in buying and selling vehicles, yet many consumers are misled by popular valuation sources like JD Power, NADA, Kelley Blue Book (KBB), and Edmunds. These platforms claim to provide accurate pricing information, but in reality, their estimates often fail to reflect actual market conditions. Many buyers and sellers mistakenly...

In January 2025, Connecticut Attorney General William Tong announced a $1.5 million agreement with online used car retailer Carvana following a thorough investigation into the company’s business operations. This resolution stems from numerous consumer complaints dating back to 2019, which detailed issues such as significant delays in title and registration processing, postponed payments to sellers,...

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...