The Resale Value

depreciate much less than new cars. The moment a new car pulls out of the dealer under new ownership, its value sinks like a stone. This is great if you’re looking to maximize the value of your dollars at purchase, but not so great if you’re planning to sell it later. Whereas a used car might lose two or three thousand dollars of value over a few years, a new car could see its value reduced by 25-50%.

But, if you’re planning to keep your car for as long as you can, resale value isn’t something to take too seriously.

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