All cars depreciate as wear and tear, market demand, subsequent redesigns and economic forecasts reduce the value of a particular vehicle over time. In fact, the simple act of driving off the dealer’s ...
If you're in the market for a car but have hesitated on actually buying something brand new because you've heard how quickly a new car loses value, then you'll be interested in a new CNBC report: New ...
Depreciation rates vary, but most new vehicles have a 20% value drop in the first year. Being strategic and shopping for used cars from the current or previous model year can help beat car ...
Depreciation is a fact of life in the automotive world, but not all brands hold onto value equally well. Some retain a good ...
Automotive research company iSeeCars conducted a study revealing the best and worst car colors for depreciation. While some colors have above-average depreciation rates, there are still plenty of ...
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Why depreciation hits luxury cars the hardest
Luxury cars, often seen as symbols of wealth and status, ironically face some of the steepest depreciation rates in the automotive world. The factors behind this phenomenon offer insights into why ...
If you're in the market for a new car, you've likely considered make, model, year and price. But what about color? The color of your vehicle can affect how fast it depreciates, or loses value. Some ...
The long-term value of a car doesn't always equate to its price. Maintenance fees and problems from age can pile up, and even paint color affects resale value way more than you might think. Some ...
Driverless taxis, like this Apollo Robotaxi car, are already on the roads with limited capacity in China - Copyright AFP NOEL CELIS Driverless taxis, like this Apollo ...
Ty is an experienced writer, editor and journalist. He has been reviewing vehicles and covering automotive news full-time for nearly a decade for outlets such as Gear Patrol and InsideEVs. Cars ...
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