depreciation
5 pieces tagged depreciation.
2024 Toyota Camry: Sell It Now or Keep Driving It?
With just 51 complaints, one recall, and perfect crash test scores, the 2024 Camry has earned its reputation, so keep driving it while depreciation slows.
New Car vs Used Car in 2026: Which One Actually Saves You Money
The old rule said used always wins. In 2026, with a three-year-old car near $32,000 and used loan rates above 11 percent, it is not that simple. Here is the math that actually decides it.
2023 Jeep Cherokee: Sell It Now or Keep Driving It?
With an open powertrain recall that can cause loss of drive power or rollaway, only 3 complaints on file, and rapidly accelerating depreciation, sell this 2023 Cherokee now.
Car Depreciation Statistics for 2026: What Cars Really Lose Per Year
The average car now loses 41.8 percent of its value in five years, about 11 dollars a day on a typical new car. Which models hold value, which EVs crater, and what the curve means for your money.
Residual value, explained
Residual value is what the leasing company predicts your car will be worth when your lease ends.