When selling a car, one of the first things sellers want to know is how to determine its value. Many people turn to popular online tools like Kelley Blue Book (KBB), Edmunds, or NADA JD Power Guide to find out what their car is worth. There are a number of questions associated with finding the...
Read MoreIn October 2023, the U.S. Army made a significant policy change by ending the long-standing benefit of free storage for soldiers’ personal vehicles and belongings during deployments. This shift has placed new responsibilities on service members, who must now arrange and pay for their own storage solutions, adding to the financial pressures already associated with...
Read MoreNADA (National Automobile Dealers Association), now part of J.D. Power, has been a trusted source for vehicle pricing for decades, helping car buyers, sellers, and dealers make informed decisions. Even though it was rebranded under J.D. Power in 2021, it continues to provide reliable vehicle value estimates. However, many people wonder if these values are...
Read MoreKelley Blue Book (KBB) is one of the most well-known and trusted sources for vehicle valuations in the United States. Founded in 1926, KBB has earned a reputation as the go-to resource for buyers and sellers looking to gauge the value of a car. However, despite its longstanding credibility, KBB values may not always be...
Read MoreThe automotive industry is ALWAYS undergoing a transformation, driven by several key trends that are influencing both market dynamics and consumer behavior. From the growing interest in electric vehicles (EVs) to the shifting landscape of the used car market, the rise of online car shopping, and the persistent challenges posed by supply chain disruptions, 2024...
Read MoreIn the world of used car sales, two names often come up in discussions of consumer trust: CarMax and Edmunds. The two have a business relationship that involves CarMax holding a minority stake in Edmunds, which was established in 2016. This investment is part of CarMax's strategy to enhance digital capabilities and strengthen their partnership...
Read MoreIn the realm of used vehicle transactions, buyer beware is an adage that often carries the weight of truth. A recent case in Florida underscores this reality, shedding light on a disturbing trend that threatens consumer safety and underscores the need for vigilant oversight in the used vehicle market. A recent incident involving a used...
Read MoreSelling a vehicle using PayPal might seem convenient, but there are several compelling reasons why you should avoid this method altogether. Despite its popularity for online purchases, PayPal is fraught with risks when it comes to high-value transactions like selling a car. Here’s why selling a vehicle through PayPal is a gamble you don’t want...
Read MoreKelley Blue Book (KBB) has long been recognized as a trusted source for vehicle valuations, but how accurate are its estimates? The answer lies in understanding the methods KBB employs to determine vehicle values and the factors that can influence those valuations. KBB’s reputation for accuracy is rooted in its comprehensive data collection. The company...
Read MoreYES, YES and YES is the answer to the questions above! It's that time once more! We're here to update you on the latest vehicle recalls, ensuring you're informed if your vehicle is affected. These recalls involve hundreds of thousands of cars, highlighting the critical need for continued diligence from both manufacturers and consumers. Since...
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