Why is it when one buys a new car,the value drops?

Question:
when ones buy a new car,the value of the car drops?

Answers:

Renting my garage to a car owner.?

Because it has to be worth less than unsold new cars. Who would buy the titled car if they could buy a new one for the same price.

---

I like racing around town but don't drive on the highway much what kind of car should i get.?

Because when you buy a car its then used so the value will drop It will also have miles on it

---

Can i sell my car for less than i owe on the loan?

It's no longer new, it is used after you title it.

---

Where can I buy a Lamborghini?

because then its used. the more its used the less the value. like would you buy a 2000 car for the same price as a brand new one?

---

My lease is up and I'm wondering , which should be next vehicle?

because when it is bought the value depreciates because miles are being run up on it

---

More Questions & Answers ...

Is there a Catch to selling cars like this?

Does a Mini Cooper have a back seat?

1971 Ford LTD... what would you pay?

Need help buying a car?

What luxury car would last longer, BMW, Mercedes, Acura, Lexus?

How much should this car cost?

Where can I find a used De Lorean (u know, the car they used in the Back To The Future Trilogy) in Malaysia?

The Most Hated Cars...?

Carfax request for 2002 Chevrolet Cavalier 1G1JC24627201566?

Where to buy those old 80s car rear window stickers (orange horizontal stripes with car make)?

This article contents is post by this website user, CarQnA.com doesn't promise its accuracy.