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RECENT ARTICLES BY Bumper Team
Best Used SUVs to Buy Under $30,000 in September 2024
Learn about the top 10 best used SUVs to buy in September 2024 for less than $30,000 from Bumper.
read moreBest Used Trucks Under $30,000 in August 2024
Bumper.com has analyzed data from over 50 million vehicles to highlight the top 10 used trucks that offer great affordability with options positioned as advantageous purchases due to recent price drops.
read moreIntroducing Bumper's Newest Feature: Smart Insights
Leveraging AI, Smart Insights analyzes complex reports and surfaces key findings in clear, digestible summaries, sparing you from the trouble of having to dig through each report manually to find valuable information. Whether you're buying, owning, or selling, Smart Insights can provide helpful tips tailored to your needs.
read moreUsed Car Price Trends by Body Type
The automotive world is as diverse as it is dynamic. As consumers’ preferences shift and technology evolves, so do the types of vehicles rolling off the assembly line. So, what better way to get a glimpse into these trends than by diving headfirst into vehicle identification numbers (VINs)?
Overview of vehicle resale values
Preliminary findings show an overarching trend: all vehicle types experience some level of depreciation. However, the drop isn’t as breathtaking as a cliff dive. Instead, it looks more like a gentle hill. Most vehicle types maintain over 90% of their original value within the first year of ownership, with a typical decline ranging from 4% to 10%.
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