Main Point: The shorter the remaining useful life of a used car, the greater the depreciation amount. Despite the lower purchase value of a used car, purchasing a used company car can be more attractive than buying a new car because of the higher depreciation values. Used vehicles are not popular for company cars. But with regard to depreciation, it can make sense to give a used car priority over a new car. LA City […]
Category Archives: Depreciation
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Oct
Oct
What LA City Cars can do for you is to trade your used car for a completely certified, and inspected car that is validated and road worthy. Not the gas, not the insurance, not the taxes—the loss of value of a car is the biggest loss factor. This is especially true when buying a new car. Because as soon as you roll the new car out of the dealer’s yard, the vehicle has already lost a […]