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Automotive glossary

Depreciation (Value Loss)

Depreciation is the loss of a car's value over time.

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What is Depreciation (Value Loss)?

It is highest in the first years. Mileage and condition affect it. Some models hold value better. Electric cars, luxury models and some brands have shown faster depreciation, while popular reliable models often hold their value better. Colour, equipment and service history also matter. Buying a nearly new car lets the first owner absorb the steepest drop.

How it works

Market demand determines value.

Why it matters for your car

Consider it in total cost. Maintenance supports value.

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