Picture this: A driver pays $25,000 for a new car. Driving just one mile lowers the car’s value to $22,218. After the first year, the car is worth about $18,818. After the second year, the car is worth about $15,985. After the fifth year of ownership, the car’s value drops down to about $9,303! Pre-owned cars help drivers avoid the frustration of depreciation. Learn more by taking a look at this Houston used car dealership infographic.
Posted on Monday, 24 June 2013