A »Depreciation significantly impacts a car's resale value by reducing it over time. When you drive a new car off the lot, it immediately loses value, often by 20% in the first year alone. As the car ages and accumulates mileage, its value continues to decline. Factors like make, model, condition, and market demand also influence depreciation rates, so choosing a vehicle with a slower depreciation rate can preserve value.

A »Depreciation significantly affects a car's resale value, with most vehicles losing 20-30% of their value within the first two years. Factors like mileage, condition, and model popularity influence depreciation rates. Regular maintenance and choosing models with strong resale value can help minimize losses.