Used car depreciation
Do used car prices drop in the fall, when new cars for the latest model year go on sale? Or when the actual calendar year ends? (Since the used car is now another 'year' older.) If so by approximately what percent?
Depreciations happens year round, not just certain times of the year. There might be larger price updates when the new models come out. There is no set %. Every model is different and condition of the vehicle weighs in on that price and consumer demand. Are you buying or selling?
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