Looks like now is a pretty awesome time to get a new ride if you have one to trade in! Apparently, there's a used-car shortage and coupled with all the new-car incentives the car companies are rolling out, the price gap is shrinking.
If your vehicle is two-to-five years old, its value has probably jumped about 10% in the past year, and new car prices are only up at 2% in that time frame. In this economy, people are driving cars for longer periods of time, which is part of the reason why there's such a used-car shortage. Pretty awesome for people looking to trade in, right?
For the best deals on trade-ins, go to independent used-car dealers who need inventory, or dealers who specialize in the brand you're selling. For more information, check out this article from CNN Money!