motor1.com
If there is a law of depreciation, it would function a lot like gravity. Applied to new vehicles, the higher the original purchase price, the more the value drops. That’s why there are so many models from luxury brands on this list. Those vehicles tend to lose 40, 50, or even 60 percent of their value after five years.
The reasons for this drop in value vary, but the most common issue is as these vehicles age, they are increasingly expensive to maintain. You’ll either pay a high purchase price o…
about 1 year ago