Why is Edmunds good?

About Edmunds

Today, Edmunds maintains an excellent reputation as an independent source of car information, vehicle reviews, and vehicle pricing. They offer many resources for helping consumers buy a car, including their well-known “Secrets of a Used Car Salesman” articles.

Why should you use Edmunds com to?

Edmunds Reviews. Edmunds reviews every car every year, providing the latest information about features, specifications and how it compares to other vehicles in its class in that given year. That means we provide a snapshot of what you can expect from just about any used car you'll find on a lot.

What does Edmunds do for cars?

With over 50 years of experience, Edmunds is the trusted guide in car shopping. Our website has in-depth video reviews, new and used listings, free appraisals, and calculators that verify a good price. Shoppers count on us at every step of their journey.

Is Edmunds credible?

The study examined 13 high-profile ratings sites; Edmunds.com was the only automotive site listed in the top ten and it ranked fourth overall, outperforming Yelp, Google+, Hotels.com, City Search and others. "Maritz Research's study concluded that there is a healthy skepticism for reviews posted online in general.

Is Edmunds more accurate than KBB?

Edmunds: This website offers an appraisal engine that includes five car condition categories compared with KBB's four. This can be helpful—or generate confusion—depending on how realistic you are about your car's condition. Many experts believe Edmunds' values are more accurate than KBB's.

How important is Bills LB Tremaine Edmunds?

Is Edmunds pricing accurate?

Is Edmunds TMV accurate? Yes, Edmunds provides accurate car pricing data by aggregating historical car prices sales in your zip code. Edmunds data is downloaded weekly from a dealer management system of 5,000 dealerships and dealer groups across the country. Edmunds receives information from roughly 25% of all U.S .

What is the best car valuation site?

An HPI car valuation provides the most accurate and reliable car valuation available. Not only is our service free, but we also give you more information than any other car valuation provider. If you're looking for a used car value, then look no further than HPI valuations.

Where does Edmunds get its data?

Most of the vehicle information published on Edmunds is sourced directly from vehicle manufacturers, usually from their dealer order guides, vehicle brochures and/or Web sites.

Who funds Edmunds?

Edmunds is funded by 2 investors. CarMax and LLR Partners are the most recent investors.

What is Edmunds price Promise?

Edmunds.com's Price Promise^SM tackles this issue head-on by offering an instant, locked-in price that the dealer will honor. Users can instantly receive the dealer's guaranteed price for a car by simply providing three basic pieces of information: name, phone number and email address.

How good is Edmunds?

About Edmunds

Today, Edmunds maintains an excellent reputation as an independent source of car information, vehicle reviews, and vehicle pricing. They offer many resources for helping consumers buy a car, including their well-known “Secrets of a Used Car Salesman” articles.

Who owns Edmunds Auto?

After making a minority investment, Carmax purchased the whole company at an enterprise value of $404 million in 2021. Santa Monica, California, U.S.

Where is Edmunds based?

Edmunds is headquartered in Santa Monica, California. Our website can help you buy a car in the United States through our large network of dealerships. These dealerships partner with us to list their inventory on our site. If you'd like to learn more about Edmunds, please click here.

Where's the best place to sell a car?

What is the best way to buy a new car online?

Who wins and who loses when a car is financed?

When a car is financed, the dealership wins and the buyer loses because interest rates are much higher for the buyer through financing a car.

Did CarMax buy Edmunds?

At the beginning of April, CarMax, the nation's largest and most profitable retailer of used vehicles, signed an agreement to acquire the remaining stake in Edmunds.

Is Edmunds publicly traded?

We are a privately held company with approximately 550 employees. Learn more about our Editorial team and our culture at here. Our headquarters is in Santa Monica, California and we maintain a satellite office near Detroit (Click to see our office photo gallery and video tour.)

Can you negotiate your appraisal at CarMax?

CarMax advertises “no-haggle” pricing, and it does not offer price matching or negotiation on any car purchases, sales or trade-ins.

Is Autotrader valuation accurate?

Auto Trader used car valuations are the most accurate of any online provider, the company has claimed today. Measured against actual retail prices, they reflect the reality of a dynamic marketplace and are increasingly seen as the natural benchmark for part-exchange, private sale and dealer retail values.

Are Parkers valuations accurate?

How accurate is Parkers? Parkers may well be the most well-known car valuation service in the UK. It hasn't earned this position for nothing. On many models, its prices are pretty accurate, as thousands of buyers will gladly confirm.

What does Cat N mean on a car?

Category N — Cat N, for short — is a description used by insurance companies to describe the level of damage to a vehicle they have written off. A Cat N vehicle has suffered some damage, probably in an accident, but not to its structural frame or chassis.

How do you know if I got a good deal on a car?

How much under sticker price should I pay for a new car?

Sticker price of new car. The goal is to not pay more than 5% profit for your new car. Using 3% first will give you a little “wiggle room” to negotiate with the dealer. If you decide to use 3%, calculate the 5% profit margin also, so you can stay within your goal.

Is KBB 2021 accurate?

Is Kelly Blue Book accurate? The short answer is no. Let me explain what goes into these price guidelines. Dealers use Kelly Blue Book to establish the value of trade-ins as well as comparing numbers to set their lot prices.