Typically a brand new car depreciates much much faster than a second hand or older car but basically cars depreciate because the older they are, the more problems you will be facing. For instance a 2 year old car's transmission should be fine but a 10 year old car's may start to have problems.
depends on the car, but most depreciate about 30% in the first year.
On average, the typical vehicle can depreciate in value between 4 and 10% per year. Many factors can determine how quickly a car's value will depreciate, one of the largest factors being the vehicle's make and model.
don't buy second-hand cars
Absolutely
mostly American muscels
ebay, second hand car sales eg: car shop, car craft etc or you can go on gumtree
The value of the car will depreciate as soon as you drive it off the lot. Less spending made the value of many stocks depreciate.
a lot
i got a second hand BMW x5 key how can i set to my car?
20% (A+)
20% (A+)
A second hand car.