Predicting a brand new automobile's eventual resale worth after a given interval isn't the best of duties. That's as a result of the automotive world has it {that a} automobile drops in worth the precise second it drives off the supplier's lot or showroom, and continues to drop its price to the second it racks up hundreds of miles. In keeping with Kelley Blue Ebook, the typical new automobile depreciates by 55% after a five-year possession interval, that means it retains solely 45% of its unique worth.
