We have a 1998 SUV. Five years ago the blue book value was $1200. Two years ago, the value was up to $1500. Today, the 1998 SUV value is $2000.
Yes.
I had an old Chevy with many miles on it. I paid like $6000 for it new (do not remember, but it was pretty basic and cheap)? Five years ago, I could get maybe $500 for it.
I was hit recently, they totaled the car, and I got $4000 for it.