Facts About Car Depreciation
Everyone is aware of the phrase “new cars lose half their value when driven out of the showroom”, which is not entirely true! Below are 8 top tips to advise you on retaining your car’s value.
Facts about depreciation: 1. Cars values are lower in March and September when new registrations are added. 2. Cars typically depreciate between 15%and 35% in the first year and anything up to 50% by the third year. 3. Leather increases your car’s value by up to 15% 4. Sat Nav increases your car’s value by approximately 10% 5. Full Service History increases your car’s value by up to 25...23rd Jun 2014 Read more