Learn how car insurers evaluate vehicle value to better negotiate your claim and find out why insurance payouts often fall short of replacement costs.

Car insurance is required in almost every state, but not everyone needs the same type or amount of coverage. The policy that's right for you depends on many factors, including the age and value of ...

Selling or trading in your car can significantly contribute to the purchase of a new vehicle. The question is: When is the best time to trade in or sell your car? Value retention and depreciation are ...

In this column, I mainly focus on buying cars. But there’s another half of the equation, and it’s just as important. The trade-in. Let’s take a look at trading in your old car. Before we get into ...

New cars can lose over 20% of their original value in just a year due to depreciation. Five years into ownership, a new car can lose 60% of its original value. Well-maintained vehicles have the best ...

Refinancing a car loan replaces your current auto loan with a new one secured by your vehicle. A car loan refinance can result in a lower interest rate or monthly payment. Before refinancing your car ...

The cost of driving continues to increase, leaving many consumers seeking relief from soaring car insurance prices, which have gone up by over 30 percent since 2023, according to the Bureau of Labor ...

New cars can lose over 20% of their original value in just a year due to depreciation. Five years into ownership, a new car can lose 60% of its original value. Well-maintained vehicles have the best ...