How to Slow Your Car's Depreciation So You Can Sell It for More - ABC Tech

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Thursday, August 26, 2021

How to Slow Your Car's Depreciation So You Can Sell It for More

New cars lose value relative to their purchase price the minute you drive them off the lot. While the exact amount varies with the year, make, and model, Kelley Blue Book estimates vehicles will lose 20% or more of their value in the first year, and around 60% in the first five years.

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