Top 5 Cars With The Best Resale Value After 5 Years of Ownership

You’ve probably heard this before, but when you buy a new car, it begins to lose value as soon as you drive off the car lot with it.  That’s called depreciation, and some vehicles depreciate faster than others.  Which vehicles have the lowest depreciation – and therefore which cars have the best resale value – […]

Depreciation is where a car loses value over time. It happens to all cars but at different rates depending on the desirability, cost, perceived brand value and current market but is usually at a fairly predictable pace. So how does this factor into a car loan?   A brand-new car will depreciate between 40-50% within […]