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Loans

Car Loans, Leasing and Buying

How much value does a brand new car lose over time?

Depending on the car, its perceived value in the market place, and inventory available at the time that you wish to sell, a car loses between 20% and 40% the minute you drive it home from the dealership. In the second year of ownership, it will on average lose another 15%, and 13% the third year, etc.