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According to Kelley Blue Book, the average cost of a new car as of March was $48,008, representing a 3.8% increase in transaction prices over the prior 12 months. Be Aware: 6 Used Cars To Stay ...
According to Kelley Blue Book (KBB), the average cost of a new car is $47,401, but the true cost of ownership is much higher than that. When you purchase a vehicle, you’re not just paying the ...
As most car owners are aware, a car's sticker price does not reflect its true cost of ownership. A less expensive car may require costly repairs later. On the other hand, a pricy SUV may also run ...
For used cars, Kelley Blue Book provides typical listing price, certified pre-owned price, trade-in value and private party value. [20] [21] Kelley Blue Book also offers expert and consumer vehicle reviews and ratings, and 5-year cost to own information for new cars. [22] [23]
Apart from that, however, there are many other expenses associated with the true cost of owning a car. In this article, we'll explain how to calculate the cost of car ownership, how to reduce the ...
In 2000 the company introduced True Market Value, a service that analyzed a variety of factors to offer a suggested transaction price for vehicles. [7] That same year, the company introduced simple websites for web-ready mobile phones and PDAs. [8] In 2005, Edmunds.com launched Inside Line, a free online magazine for automotive enthusiasts. [5]
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