Monday, May 20

Tag: Volkswagen Jetta

Audi, BMW, Brands, Buick, Cadillac, Chrysler, Ford, Mercedes-Benz, Volkswagen

Vehicle Depreciation Works Two Ways

When you buy a new vehicle, if your intention is to be able to sell it and get the most out of it after three years, you’re going to want to make sure you avoid the models on this list. Most vehicles will depreciate at a rate of about 35 percent after three years, but the models on this list have deprecated much more than that which means you can’t expect to have as much in return when you’re ready to trade in the model you’re driving. (more…)
Audi, BMW, Brands, Buick, Cadillac, Chrysler, Ford, Mercedes-Benz, Volkswagen

Vehicle Depreciation Rates Matter

When shopping for a vehicle, take several factors into consideration. If you know you’ll only have it a few years, the vehicle depreciation rate matters. When you lease, the payments you make are applied to the anticipated depreciation of the vehicle, meaning a higher depreciation rate will cause you to have higher payments. The same is true if you’re going to trade in the vehicle after only three years of driving. Here are the vehicles that have the highest depreciation rate for the first three years which should be a factor for you to consider when you’re ready to drive. (more…)
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