Kelley 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 the most reliable or accurate. In many cases, relying solely on KBB can lead to over-estimations or underestimations of a...

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The 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 shaped up to be a pivotal year for car buyers and sellers alike. Electric vehicles are at the forefront of...

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In 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 with Edmunds. However, this connection has raised concerns about potential conflicts of interest, with critics questioning whether Edmunds might show...

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In 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 truck buyer who contacted the Florida Attorney General after discovering a 'hack job' airbag repair exemplifies the perils of buying...

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Selling 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 to take. One of the biggest dangers when selling a car with PayPal is the prevalence of scams. Fraudsters often...

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Kelley 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 draws from a wide range of sources, including dealership transactions, auction prices, and private party sales. This extensive data set...

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YES, 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 April, we've covered recalls from Kia, Hyundai, Honda, Ford, Mazda, and Tesla. As the automotive industry continues to evolve, ensuring...

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When it comes to buying or selling a used car, understanding how vehicle appraisals work is essential. Assessing your car's value can be a challenging process, as it's affected by multiple factors, including the make, model, year, mileage, condition, and current market trends. Online tools like Kelley Blue Book (KBB), Edmunds, and NADA Guides offer a helpful baseline, but how reliable are these estimates? An accurate appraisal helps sellers set a fair price while giving...

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Tesla's reputation for innovation and cutting-edge technology has made it one of the most talked-about car manufacturers in recent years. However, discussions around Tesla's quality and reliability have been equally significant, often sparking debate among both enthusiasts and critics. Tesla owners often praise their vehicles for the futuristic design, impressive performance, and the convenience of over-the-air software updates. These updates can improve the car's functionality without requiring a visit to the dealership, a feature that...

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Over the past year, the value of Tesla vehicles has seen significant changes, driven by various factors such as market dynamics, technological innovations, and broader economic conditions. These shifts reflect Tesla's evolving role in the automotive industry and the changing consumer sentiment toward electric vehicles (EVs). One of the main reasons for the fluctuating value of Tesla vehicles has been the company’s pricing strategy. In 2024, Tesla made several price cuts across its vehicle lineup,...

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