Most consumers know a car loses value the minute it's driven off the lot. Fewer may be aware of the rate of depreciation and when it slows down.
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 ...
New cars lose value relative to their purchase price the minute you drive them off the lot. While the exact amount varies with the year, make, and model, Kelley Blue Book estimates vehicles will lose ...
Depreciation often hits luxury car owners harder than expected, and one significant factor contributing to this rapid loss in ...
Vehicle ownership is a great privilege but with it comes a lot of responsibility. Owning a car isn’t just climbing behind the wheel and getting where you need to go; you also have to think about ...
You've heard the saying that a new car depreciates in value as soon as you drive it off the dealer's lot. Every year, cars lose an average of 15-20% of their value or about 49% depreciation over five ...
CarEdge.com, a provider of analytical tools that automotive dealers and leasing companies use to assess vehicles’ current and future values, has introduced a vehicle financing calculator that compares ...
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The annual survey of car operating costs carried out by the New Zealand Automobile Association has confirmed the steady and ongoing reduction in depreciation on cars purchased new in the country where ...