MSN Money – 10 cars that lose value fastest – Save on a Car
Do you own a car that retains a good portion of its value over time or does your car depreciate fast? This article gives some insight and informs the reader about situations where depreciation doesn’t matter as much.
An additional article talks about the dangers of being upside-down on your car loan. Pay it off quickly! The problem is people get an “itch” for a new car that they have to have, and of course, desires like these are completely supported by the media and salespeople. Downpayments are lower, terms of the loan are longer… these factors all contribute.
Updated February 6, 2012 and originally published January 23, 2004. If you enjoyed this article, subscribe to the RSS feed or receive daily emails. Follow @ConsumerismComm on Twitter and visit our Facebook page for more updates.