Seth Godwin is a personal finance content creator who launches a ton of clips about cars since they influence such a large ...
What Is Car Depreciation? Depreciation is the loss in a car’s value from the moment you drive it off the lot. New cars typically lose 20-30% of their value in the first year alone, and by the ...
The reputation or the goodwill of the automaker plays an important role in determining the depreciation rate. Reputed brands are known for quality, reliability, and high performance which slows the ...
The IDV is important because it's the highest amount an insurer will pay for a claim. It gets lower as the age increases: 5% ...
Elon Musk’s increasingly controversial actions are making waves across the globe with Tesla owners taking drastic action. A study in the Netherlands, by media company EenVandaag, found that nearly ...
Car insurance policies often focus on essential coverage like third-party liability and own damage insurance. However, an ...
Zurich Kotak General Insurance, provides insight on why car owners should go for a depreciation cover in car insurance. Many ...