The less attractive a brand is, the more value the vehicle loses
Buying a car can almost never be considered a good investment, at least in terms of economics: It’s practically impossible that if you ever decide to sell, you’ll get more money than what you paid for it, Bipi said.
And it is that the devaluation of a car is inevitable. Automatically when we take the car to the dealer,
loses 10% of its value. So the devaluation starts the moment the four wheels hit the asphalt.
Over time and with daily use, however, that feeling fades and we attach less importance to those small details.
To this we should add that the car is expected to be lost by the end of its first year
another 10% extra for using it. And in some models even more: the less attractive a brand is, the more value the vehicle loses.
This ultimately translates into wear and tear and a series of risks for the most popular cars, which have an advantage in this regard and a better chance of holding their price.
But you have to be careful because this value can be changed. What is now considered popular may change in less than a year.
Source: La Verdad
I am Ida Scott, a journalist and content author with a passion for uncovering the truth. I have been writing professionally for Today Times Live since 2020 and specialize in political news. My career began when I was just 17; I had already developed a knack for research and an eye for detail which made me stand out from my peers.
