Depreciation can be celebrated, or hated, depending on your situation. For those who buy new cars, depreciation is an unfortunate, yet ever-present, aspect of car ownership. Virtually every single new model sold loses a good chunk of its value as soon as it’s titled for the first time. Of course, there are outliers here and there, such as specialty models. By-and-large, though, depreciation will rob your new car of some of its value, no matter how diligently you take care of it, or how little you drive it.
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