Car value myths busted: Here’s the truth on depreciation
You’ve probably heard over the years a number of tips or myths regarding the value of your car. They might involve how quickly a new vehicle depreciates, for instance, or the biggest factor that influences the value of your used vehicle.
But are they true, especially this year because of new pandemic-related market trends? Edmunds’ experts analyzed the most popular car value myths to find the truth behind them.
Keep less-driven vehicles in top shape
Amid the virus pandemic, Americans aren’t driving as much. Here’s a list of tips to keep vehicles in shape even if they’re being driven less.