If a car sustains so much damage that it would cost more to fix it than it's worth, the vehicle is declared a total loss. The vehicle's value is essential to determining if the car is worth repairing.

CheapInsurance.com reports that a car is a total loss when repair costs exceed its actual cash value. It outlines options and ...

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 ...

Sell My Car Online announced today that it has upgraded its instant cash offer technology to provide more accurate and transparent valuations for car sellers nationwide. The company’s updated system ...