What is car depreciation, and how do you calculate it?
Yahoo Finance·2024-01-20 06:32

Your car starts to lose value the moment you drive it off the dealership lot. You can blame car depreciation, which is the decrease in value that most cars experience over time. Some car depreciation is unavoidable, but you can also reduce its effects. Certain makes and models depreciate at a much faster rate than others. Also, by practicing good driving habits and keeping up with maintenance and repairs, you may be able to minimize the pace at which your vehicle depreciates. We’ll walk you through how to ...