Thread: Advice On Purchasing a New Car
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Old 05-10-2008, 04:26 PM
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Quote:
Originally Posted by ScrimpAndSave View Post
Even a brand new Honda or Toyota is going to depreciate at least $5,000 as soon as your drive it off the lot.
No. It won't depreciate $5,000 if it only cost $15,000 new. It might drop 15 or 20% though.
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