Unfortunately, you will be disappointed to learn that your added expense does ... new car is just how quickly the value of that car can decrease. This loss in value is something known as ...

But it’s not just luxury cars that depreciate in value (Porsches hold their own, FYI) – but all cars lose value over time.

FG Trade Latin / Getty Images There's some truth to that old adage about how your brand new car instantly plunges in value as soon as you drive off the lot. Cars tend to depreciate quickly ...

Car depreciation is one ... a reduction in the supply of new cars caused long waiting lists and propped up car values, because buyers who needed a car quickly were forced on to the used market.

Forget fuel, road tax or insurance, the biggest cost of running a car is depreciation ... new, stick to one of the cheaper lower trim levels, which don’t shed their value quite as quickly.