How Fast Does My New Car Lose Value?

The very minute that you drive a new car off a dealer's lot, it loses value. That's just a fact of life, and the infographic below gives you a roadmap of depreciation milestones. But depreciation doesn't mean you shouldn't buy a new car. In fact, if your plan is to drive the wheels off your car, then depreciation has no affect on your purchase. But if you do intend to trade it in, you need to be smart about the resale value of cars, and here's the key:

via www.edmunds.com

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