Quote:
Originally Posted by LivingAlmostLarge
And some cars don't lose 65% of it's initial value in 2 years. Look at Honda Accords or Toyota Camrys.
|
In my previous post, I stated (and referenced) that the
typical new car loses 65% of its value in
five years. That's typical, meaning that some lose less and some lose more.
The best vehicles, in terms of retaining value, only lose around 50%, as opposed to 65%, of their value over that same time-frame.
These are facts that are supported by sources like Edmunds, Kelley Blue Book, Forbes, and CNN.