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The Shocking Truth About Buying a New Car - and Why Used Cars are a Better Investment

Are you considering buying a new car? Before you make a decision, here are some things to keep in mind:

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  • Depreciation: New cars lose a significant amount of their value as soon as you drive them off the lot. In fact, they can lose up to 20% of their value in the first year alone. If you were to sell your new car after a few years, you would likely get much less than what you paid for it.
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