Here’s how long you should expect a used car to last

Although they’re often considered assets as they have financial value, most experts don’t view cars as investments because they depreciate over time. Instead, many money gurus say purchasing a used car is better than buying a brand-new one. The moment you drive a new car off the dealer’s lot, . By the end of the first year, it typically decreases 20% to 30% and can depreciate by up to 60% over five years. On the other hand, a used vehicle... + full article