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The second you drive a brand new vehicle off the lot, you are now driving a used vehicle.

Did you know that a new vehicle will lose 11% of it's value as soon as you leave the dealership?

In the next 3 years, new vehicles lose over 40% of their value.

It's a harsh fact of automobile ownership:

 

  • NEW VEHICLES LOSE VALUE QUICKLY.
  •  Here is a snapshot of average depreciation for a sedan.

 

Should I buy a new or used car? Why do cars depreciate? Cars lose 40% of their value in just 4 years.