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Used cars retain a lot more value than they used to. According to Edmunds, it retains 49% after 4 years https://www.edmunds.com/car-buying/how-fast-does-my-new
by acchow 10y ago
Used cars retain a lot more value than they used to. According to Edmunds, it retains 49% after 4 years
https://www.edmunds.com/car-buying/how-fast-does-my-new-car-lose-value-infographic.html https://www.edmunds.com/car-buying/how-fast-does-my-new-car-...
- brigade 10y agoThat's trade-in value. Auction value is lower. Additionally, being repo'd is a hefty detractor to the auction price; plenty of dealerships categorically don't buy repo cars. Plenty of customers, too. Plus the repo fee coming out of the auction price...