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Car Depreciation Reality: What Your Vehicle Is Actually Worth Right Now

Car Depreciation Reality: What Your Vehicle Is Actually Worth Right Now
2025-12-20 22:06

From blog Shelbee on the Edge



Car Depreciation Reality: What Your Vehicle Is Actually Worth Right Now

Do you love your vehicle? If you’re like most vehicle owners, you probably do, even if the new car smell has long since faded. But as car owners create a relationship with their vehicle, they also develop ideas about worth. How much did you pay for it? What’s your maintenance cost? Maybe they even factor in that cool stereo system they had installed. Regardless, over time, vehicle owners tend to value their cars higher than the market price. And the sad thing is, the reality of vehicle depreciation is nowhere near as good as people think until it comes time to sell. Your vehicle is not an appreciating home or a collectible item. It’s a depreciating...

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