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How much your $ 100K car will lose in value over time



Debates about buying this new Jaguar, Maserati or Porsche?

If you do not intend to maintain it for a while, consider using rates that lower the value of these more expensive cars.

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In fact, according to Carfax, cars can lose up to 10 percent of their value within the first month of taking it off the line.

That's it's worth noting, however, that luxury cars can hold their value better than other models.

Assuming a $ 1

00,000 car is brand new, GOBankingRates calculated how much the vehicle devalues ​​over the course of 30 years.

Here's a look At the results:

Year 1

In the first year, your car loses 25 percent of its value, down $ 25,000. Thus, the value drops to 75,000 US dollars.

Year 2

The second year the vehicle was purchased will be worth $ 66,000 after devaluing another 9 percent of its original value.

. 3 Year

Once you've done this The car has owned the car for three years, it will lose $ 41,920 in value and increase its value to $ 58,080. Depreciation in the third year would be about 7.9 percent.

Year 4

The car will depreciate in the fourth year by 8 percent from its original value to $ 49,949. This year alone, around $ 8,130 will be deducted from the value of the vehicle.

. 5 Year

In the 5th year, the car will decrease by a further 7.5 percent from its original value and reduce its value to 42,456 US dollars.

10th Year [10] 19659002] Value: $ 20,672

Year 15

Value: $ 12,207

Year 20

Value: $ 7,2208

Year 25

Value: $ 4,256

Year 30

Year 30

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After 30 years, the car has lost about 97.5 percent of its value.

For your vehicle to maintain its value, Carfax helps keep miles 10,000 per year to avoid excessive wear. Regular maintenance is also important.


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