Knowing the best vehicle depreciation rate for your car gives you a clear understanding of your investment’s true worth. Most new cars lose about 20% of their value within the first year, and by the fifth year, they may depreciate up to 60%. This means that without understanding depreciation, you could lose thousands of dollars unknowingly. Being aware of the best depreciation rate al... https://virtualcollisionappraisals.com/vehicle-depreciation-appraisal-guide/