Are we Paying More for our car???
Date: Wed, 01/20/2010 - 02:04
Hi All,
I have observed many pf the car owners are paying more for their cars. It seems they have not noticed that their car has depreciated almost 10% - 20% or even 30% but still pay for that 100% amount.
How many of you have similar situation?
Wonder how to get relieved from this??
I have observed many pf the car owners are paying more for their cars. It seems they have not noticed that their car has depreciated almost 10% - 20% or even 30% but still pay for that 100% amount.

Wonder how to get relieved from this??
I'm not sure what you're asking. It's pretty common knowledge (
I'm not sure what you're asking. It's pretty common knowledge (I thought) that the value of a new car depreciates between 30- 50% the second you drive it off the lot.