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Cars tend to depreciate over time, but there is no way to determine that loss based on a per mile basis. Some cars loss value faster than others. A car's value is based on a number of factors including vehicle make, model, model year, trim level, its condition, the amount of miles on the odometer and its popularity.

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11y ago
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Q: Why does the value of a car goes down by the mile and at what average rate?
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