Monday, December 5, 2016

Find the Used-Car-Buying Sweet Spot

It’s an oft-cited rule of thumb that cars lose at least 20% of their value when you drive them off the lot. But that’s actually just the beginning of a scenario that, if you work the angles, can save you a ton of money on vehicle ownership. Data from Edmunds.com puts first-year depreciation at almost...


from NerdWallet
https://www.nerdwallet.com/blog/loans/used-car-buying-sweet-spot/

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