They found that the severe supply disruptions during the pandemic and other factors changed long-held car depreciation rules ... personal finance and more - straight to your e-mail.
When you buy a new car, you don't need a calculator to know that depreciation will set in as soon as you drive it off a dealer's forecourt. Even if you're buying a car on finance, depreciation ...
Timothy Li is a consultant, accountant, and finance manager with an MBA from USC ... truth to that old adage about how your brand new car instantly plunges in value as soon as you drive off ...