Buying new car – Beware of its value decay

Category: automobile   Hits: 2261

share tweet share

easy these days. Huge pricing negotiations, brand loyalty and many such issues are related to it. The infographic depicts how value of a new car starts decreasing, the moment you leave the showroom. On an average, it is seen decreasing by 10% every year and falls to 89% as soon as you leave the lot. If you are willing to sell the car 5 years later, you would be at around 60% loss.{crossposting on}

share tweet share Google