Mileage is the primary indication of wear on a passenger vehicle, so the short answer is yes! Mileage is mutually exclusive of age and will always have a profound impact on value erosion, irrespective of model year. Conversely, a vehicle with exceptionally low mileage will have more value than average with respect to older model years. Other critical factors are the year, make, model, engine type/displacement and driveline configuration. Diesel powered vehicles typically have twice...
Thursday, December 01, 2022
Tuesday, November 22, 2022
Is a NADA (National Automobile Dealers Association) Value for my car any good? Will somebody actually pay me that amount?
Here’s the quandary with guidebook values…there are several out there including: NADA, Edmunds, BlackBook and Galves -plus a host of websites that will project a value for your vehicle. Most of these sites even give you an instant cash offer for your vehicle? Now an “instant cash offer” does not always mean what it says…in...
Tuesday, August 23, 2022
Leased Vehicles and Vehicles being sold with lien payoffs are worth less than a vehicle being sold with “title in hand”. It’s a hard fact and we will explain exactly why this is so.
Let’s take the easier one to explain, first. Vehicles that are financed must be paid off “in full” in order for the finance source (your bank) to release the title for your vehicle to the purchasing party. The payoff balance is...
Friday, May 13, 2022
Pre-owned Tesla values are skyrocketing and have reached record levels as fuel prices surge and commuters look for long term relief. Much like COVID19, many Americans believe that a new normal is here with gasoline prices and that we may never see gasoline under $3.00 a gallon in the USA.
Based on vehicle purchases, Pre-owned Tesla prices have surged 10% in Q2 and that trend is expected to increase modestly, flattening with new model releases....
Thursday, January 13, 2022
The party is almost over folks. If you are leasing a vehicle right now the media is still telling you that your vehicle is worth thousands of dollars more than the residual value. Yes, it may be worth more but not as much as it was earlier this year. Hundreds of dollars perhaps, not thousands anymore but the point is moot because all but 3 of the Leasing sources in the USA have made it...
Wednesday, January 05, 2022
This topic is a fun one to write about because it’s so easy to explain. If you are like me, you grew up around parents and grand-parents that smoked cigarettes. Not only did they do this, but literally in the car with kids next to them wearing no seat belts. Car Seat? What was a car seat? Enough “Boomer Talk” already… yeah, smoke odor bothers me. I got enough 2nd hand smoke in my life...
Tuesday, November 23, 2021
If you pay attention to the “Media” now is prime time to sell your car or truck for cash and take advantage of the best used vehicle market of this century!
Let’s talk about how to go about getting a value for your vehicle. There are a few online sources that will give you a free vehicle valuation. Some will offer a range of what the vehicle is worth from low to high and others...
Tuesday, September 28, 2021
Everybody in the media is telling you how much your car is worth right now. Forget about Bitcoin and Crypto Currency stocks, your car will make you thousands of dollars…sigh!
In the history of the automobile, the used vehicle market has never been hotter! All vehicles are worth way above the average book value right now. So if you have 3 or 4 spare cars you can sell, now would be a phenomenal time to...
Tuesday, September 07, 2021
It is sometimes more productive to tell the punchline before the joke. Anticlimactic? Sure it is… but people today want information fast. That’s why they use the internet!
So the answer to the above question is a resounding “NO”…in fact you can make that a “Hell No!”
Here are the TOP 3 Reasons not to wrap your vehicle:
Wrapping a vehicle requires a personal selection. It is highly custom and designed for your taste exclusively....
Tuesday, August 31, 2021
There’s no doubt that Elon musk created an absolutely amazing product with the Tesla automobile. The Tesla is an absolute engineering wonder. They perform extremely well in every possible category: acceleration & top-end, operating cost, durability and they are Hella-Fun-to-drive! Factor in the “zero emissions” thing and it’s just the perfect vehicle for today. We absolutely love it, but what happens to old Tesla’s? Better yet, who buys high mileage Tesla’s?
I mean think about...
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