New cars lose value as soon as they’re driven out of the dealership. As sad as that may be, there’s not much that anyone can do about it, though we will touch on ways to preserve your car’s value later on. Some popular car brands, like Toyota, for example, hold value better than others. Luxury brands tend to depreciate more than those more common, less expensive options. Of course, sometimes, resale value has to do with reliability, desirability, and other factors.
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