These cars have the highest and the lowest depreciation per 1000 miles driven.
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Have you ever wondered what happens to your bank account once you hit the gas pedal? Buckle up, because today I’ll reveal how much sports and supercars loose per 1000 miles driven, which cars are the best buys, and which ones you should avoid if you care about values.
Here are the high level conclusions:
- If you care about the value of your car. It is smart to avoid the cars that are younger than two years.
- The newer the car, the more important the specific model is if you care about values. We saw in the 0-2 category that there are cars that lose very little when you add mileage, but also that there are cars that suffer monstrous losses.
- Be aware that an old car does not per definition imply a low loss per 1000 miles. As we saw, there is a turning point. Old cars can be become collectables, and these typically have a high loss per 1000 miles.
Disclaimer: The Content is for educational purposes only, you should not construe any such information or other material as legal, tax, investment, financial, or other advice. Nothing contained in this video constitutes a solicitation, recommendation, or endorsement to buy or sell any cars. The information published has been obtained from or is based on sources which are believed to be accurate and complete. Although reasonable care has been taken, the completeness and the accuracy of any information published cannot be guaranteed. Any opinions may be wrong and may change at any time. You should always carry out your own independent verification of facts and data before making any purchase decision.
Негізгі бет Driving These Supercars Will DESTROY Your Wealth
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