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...

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...