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Research car price guides and websites like Kelley Blue Book (KBB) and Edmunds. Determine what you want to do with your car, such as trade it in, sell it to someone else or a car company, etc ...
According to Kelley Blue Book, as of May 2020, a new small car averages $20,000, while the median cost of a new midsize model is $26,000. That’s a hefty price tag. That’s a hefty price tag.
Today, the average used car has around 70,000 miles, and some dealerships take in cars with up to 150,000 miles as trades. However, a vehicle with lower miles usually sells for a higher price than ...
For used cars, Kelley Blue Book provides typical listing price, certified pre-owned price, trade-in value and private party value. [22] [23] Kelley Blue Book also offers expert and consumer vehicle reviews and ratings, and 5-year cost to own information for new cars.
The Black Book family of vehicle appraisal guides in the United States, providing vehicle pricing data, is published by National Auto Research, a division of Hearst Communications. New and used car dealers, lenders, manufacturers, fleet remarketers, and government agencies have used Black Book since 1955. Black Book provides values for both new ...
New car prices are 21% higher than they were four years ago, right before the COVID outbreak. Used car prices are up 31%. The average cost of a new car is now $47,401, according to Kelley Blue Book .
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