AOL

Car depreciation: What it is and how it works

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 ...
MarketWatch

Yes, cars lose value, but here are some ways to beat depreciation—and use it to your advantage

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 ...
Hosted on MSN

Would Warren Buffett Finance a New Car? Here’s What He’d Say About a Big Auto Purchase

Warren Buffett, billionaire CEO of Berkshire Hathaway, is one of the most quotable investors in the world. Famously frugal, Buffett sprinkles his financial advice with a folksy wisdom that’s direct, ...
SlashGear

Leasing Vs Financing A Car: Key Differences & Decision Factors

In the market to buy a car? Unless you're one of the lucky ones who can afford to buy the car right then and there, you've probably encountered the question of leasing or financing. While both allow ...
AOL

'Never buy a new car'? This money expert did — twice — and still saved money

Some finance gurus love to say it: Never buy a new car. The logic is simple: New cars lose value the second you drive them off the lot, so buying used is “always the smarter financial choice.” But ...