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And simply put, no one has more experience with vehicle values and pricing than Kelley Blue Book. We've been the go-to source for both consumers and the automotive industry since 1926. We leverage massive amounts of data, including actual transactions - then adjust for local market conditions and seasonal trends.
How old of a used car is the best deal? ›The “sweet spot” for purchasing a used car is between 2 to 5 years old. This is the age range where the car has already gone through the steepest part of its depreciation curve, but it's still relatively new and in good condition.
What's the most sought after used car? ›It wouldn't be a best seller list without the Ford F-150 pickup topping it and 2023 is no exception. Making up 3.3% of the 9.2 million used car sales examined, the Ford F-150 retained its top spot for another year, not just in the used market.
What state has best deals on used cars? ›If you're looking for the lowest initial cost, no state can beat Florida. When it comes to used car sales, Florida tends to has the cheapest prices. Florida's low initial vehicle costs are due to a variety of factors. First, Florida has one of the largest populations of older people.
How many miles is too many for a used car? ›What is considered high mileage on a car? Often, 100,000 miles is considered a cut-off point for used cars because older vehicles often start requiring more expensive and frequent maintenance when mileage exceeds 100,000.
Who pays the highest price for a used car? ›Selling your car to an individual, also called a private-party sale, is typically where you can get the most money.
At what mileage should you sell a car? ›It's a good idea to sell your car before it hits 60,000 miles if you don't want to spend a lot of money on repairs and replacement parts. During this mileage bracket, your car should be about five years old, meaning it'll still command a substantial amount.
When buying a used car, what mileage is best? ›As a general rule, you should assume that the average car owner puts 12,000 miles on a car each year. To determine whether a car has reasonable mileage, you can simply multiply 12,000 by its age. That means good mileage for a car that's 5 years old is 60,000.
At what age do cars lose the most value? ›The first year faces the most significant depreciation hit to the car's market value, with most vehicles losing about 20% or more of their original value. The loss continues to decline from there. Cars often shed about 60% of their original purchase price within the first five years.
What used car has the least amount of problems? ›Toyota is considered to be the go-to vehicle for reliability, while brands like Honda, Mazda, Subaru and Hyundai are also highly ranked for their quality and cheap maintenance costs.
New Hampshire is the best state in which to buy a vehicle. The unexpected fees when acquiring a car in New Hampshire are relatively minimal. Because of the lack of state sales taxes and minimal registration fees, you can save money upfront.
Where do most used car dealerships get their cars? ›Used car dealerships receive a near consistent flow of new inventory. They receive their car inventory one of two ways, from auctions or from trade-ins. Your used car dealership might see new stock as often as every day depending on their buying practices.
Who gives you the best value for your car? ›Both Edmunds and Kelley Blue Book are reputable sites that offer pricing information. The accuracy of an appraisal has a lot to do with the information the owner provides. If you overstate the vehicle condition or don't check off the correct trim level and options, your value is less likely to be accurate.
What is the best website to check used car value? ›The Kelley Blue Book ® Price Advisor shows you what you should pay for a new or used car based on what others have paid in your area. And how can you be sure you're getting good deal? Aim for the Kelley Blue Book Fair Purchase Price and Fair Market Range as your target price.
Which is better, Carvana or CarMax? ›Key Takeaways: Both Carvana and CarMax advertise no-haggle pricing, but Carvana offers a seamless selling process that helps it come out ahead in our rankings. We give Carvana the edge over CarMax as a car selling website. Our team rates CarMax just slightly ahead of Carvana for its car buying services.
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