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Unsold new units do not depreciate. Of course they may discount them to move them but it's not depreciation like a used car
by mixdup 1y ago
Unsold new units do not depreciate. Of course they may discount them to move them but it's not depreciation like a used car
- Zigurd 1y agoDodge Hornet?
- rtkwe 1y agoTheir prices have been falling for new and they're competing against a lot of low milage regret purchases on the used market.
- SoftTalker 1y agoThey do, but the owner is the one who realizes it. A "new" car that is last year's model will effectively hit the owner with a year's depreciation the moment they sign the sales contract.