Seth Godwin is a personal finance content creator who launches a ton of clips about cars since they influence such a large ...

Depreciation is the loss in a car’s value from the moment you drive it off the lot. New cars typically lose 20-30% of their value in the first year alone, and by the time they’re five years ...

The reputation or the goodwill of the automaker plays an important role in determining the depreciation rate. Reputed brands are known for quality, reliability, and high performance which slows the ...

The IDV is important because it's the highest amount an insurer will pay for a claim. It gets lower as the age increases: 5% ...

And, by opting for a used car, you avoid the biggest expense associated with buying a new vehicle -- depreciation."If you buy a new car, depreciation represents 48 percen ...

Car insurance policies often focus on essential coverage like third-party liability and own damage insurance. However, an ...

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 ...

Zurich Kotak General Insurance, provides insight on why car owners should go for a depreciation cover in car insurance. Many ...