Vehicles with the most expensive MSRP when new typically depreciate the fastest. The sale prices start so high that there’s nowhere to go but down. So, it probably shouldn’t come as a surprise that SUVs and luxury cars have the highest depreciation rates over a 5-year span. These cars start out being priced high and […]
As we all know, a brand new car will lose at least 9-11% of its value as soon as it’s driven off the lot. However, there are some cars that hold value better than others. It’s important to know what cars these are, especially when it comes to buying and selling them.
Below are the top 10 cars with the highest resale value:
Here’s some good news and bad news about buying a new car. The good news is that you can impress your friends and turn everyone’s heads. The bad news? That car may be a money pit, depreciating so much in value that you wish you never bought it.
In fact, some cars depreciate so quickly that you can hear money leaving your wallet. Therefore, before you contemplate putting money in that sedan or SUV, check out this list of 10 cars with the highest depreciation rates.
The internet today is full of options, from Craigslist and other generic marketplaces to Cars.com and other lead generation sites for car dealers — and there’s something out there for every type of seller.
The main difference between selling a car you’re still making payments on versus one you own completely is getting the lender to release the title so the buyer can take ownership. This essentially means getting the current loan paid off — and you technically don’t have to be the one who pays it off.
Consumer Focus of Motobyo’s Online Used Car Marketplace Built with “Secret Sauce” Melding Multiple Patent-Pending Technologies Into An Unprecedented Selling & Buying Experience
Philadelphia, Pennsylvania – September 6, 2022 – Used car consumers – both sellers and buyers – are the focus of the Motobyo online used car marketplace, combining multiple proprietary, patent-pending technologies with a “secret sauce” that gives consumers a selling and buying experience not available on any other automotive industry platform. The disruptive power of […]
Access to Dealership-Level Resources for Private Party, Peer-to-Peer Used Car Transactions All in One Place with Motobyo
Horsham, Pennsylvania – August 22, 2022 – For the first time ever, consumers have access to all the products and services traditionally only available at car dealerships, all through a new online platform designed for private party, peer-to-peer used car transactions. This online market place is perfect for users looking to list their car online or […]