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How depreciation really affects car buyers
Depreciation is a critical factor that car buyers should consider, yet it often remains overlooked amid the excitement of ...
Money Digest on MSN
Here's How Quickly A Car's Value Can Depreciate After You Buy It
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 ...
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 ...
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 ...
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 ...
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 ...
If you're shopping for a used vehicle, there are myriad things to consider before whipping out your wallet. The money-minded shopper's typical first step is to determine what kind of value they're ...
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 ...
Forbes contributors publish independent expert analyses and insights. Jim Gorzelany is a veteran automotive journalist. Depreciation, or the degree to which a given vehicle’s value will drop over time ...
Finally, some good news for car shoppers: new vehicle costs dropped this year, according to AAA. The annual cost to own and operate a new vehicle fell to $11,577, or $964.78 per month, a $719 decline ...
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