When you buy a new car where does all of the deprecation go?
Answers:
I WISH I KNEW .. MY CAR HAS GONE DOWN BY £12000 IN LESS THAN A YEAR !! .yes im shouting . a very sore subject for me !
Osmosis.
It's all the massive amount of profit the dealer has just made out of you!
up in smoke, down the drain..
Gordon Brown's taxes!
the car depreciation society....
out the window..it is the resale value of a car.cars decrease in value with age and mileage
the same place all the money goes into a black hole known as who knows
depriciation happens to all material things, but for the best, buy a new jaguar, after ten years they are either worthless or priceless depending on how many were sold and what cult following they have take the jaguar xk150, they are old, and a good one is very expensive, so it is all down to judgement be careful of what you buy, and how long you are going to keep it for, or buy a good model, second hand with service history, not just with some stamps in a book, buyer beware
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