According to Carfax, cars lose the greatest amount of their resale value in their first year — around 20%. So even buying a 1-year-old used car can save you thousands of dollars. To further decrease ...

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 ...

Owning a car is getting more expensive. It's not just the purchase price for new vehicles, which has jumped about 25% since early 2020, according to Kelley Blue Book. A September report from AAA found ...

Depreciation in the value of a car is as inevitable as death and taxes. The good news is that it's possible to identify the worst offenders and mitigate its effects. Most cars lose between 50% and 60% ...

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 ...

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 ...

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 ...

Car values are falling faster than before, raising questions about the market and future of high-end models. Explore the ...

It all started with Gran Turismo. From those early PlayStation days, Sean was drawn to anything with four wheels. Prior to joining the Roadshow team, he was a freelance contributor for Motor Authority ...

View post: Walmart Has a 'Highly Efficient' $700 Portable Power Station on Sale for Just $170 Here’s iSeeCars’ overall depreciation breakdown. Clearly, the wrong car color can cost you thousands of ...

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 ...

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 ...