A car will be one of the most expensive purchases you ever make. However, in today’s world cars are absolutely vital. They help you get from A to B quickly and comfortably without the hassle of travelling on public transport.
Unfortunately though, cars do lose their value pretty quickly. Whilst some will plummet in value more than others, it’s not uncommon to see a 60% dip in the first three years alone. There are a number of factors affecting this depreciation and whilst you won’t be able to impact some, you can minimise the effect others
