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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.
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 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.
Who pays the highest prices for used cars? ›Private Sale. You can likely get the most money for your car by selling it privately. This is because you're selling to the next owner directly instead of through a middleman like a dealership or car buying website.
How many miles is too many for a used car? ›A wary buyer should use as a general rule of thumb that most cars are driven 12,000-15,000 miles per year. If a vehicle is 10 years of age, it should have between 120,000 miles and 150,000 miles on the odometer.
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.
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.
What's the best age to buy a used car? ›The optimal time to purchase a used car is typically between 2 to 5 years old. Within this age range, the vehicle has already experienced the most significant depreciation, yet remains relatively new and in good condition.
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.
What state is the cheapest to purchase a car? ›As you can see, New Hampshire is the most affordable state for new and used car purchases. It's worth noting that Florida and Oregon are viable choices. Florida's lowest starting cost can explain its unanticipated expenses. Furthermore, Florida cars will be in much better shape, which is a huge long-term benefit.
Sell your car to an individual or private party
Selling your car to an individual, also called a private-party sale, is typically where you can get the most money.
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.
Who pays the most for an old car? ›Local junkyards and private buyers typically pay the highest amounts for junk vehicles. Private buyers often pay more because they're buying for parts or personal repair projects, while scrapyards can pay higher prices because they save on dismantling and compacting services.
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 company pays best for used cars? ›Carmax offered the highest prices for used cars among its competitors, nearly $1,000 more than both Carvana and Vroom. Between Carmax, Vroom, and Carvana, Carmax offered the highest amount for used vehicles 63% of the time.
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