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889: How to Buy a Car, Part 4: Decide on a New Car vs. Used Car

Radical Personal Finance

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How to Save Money on Depreciation on Used Vehicles

A new vehicle by the end of year four will usually be worth about half what it is in year one. A reasonable life span for just about any car is somewhere between 20 to 30 years. If you're buying veicles in that range, you can save quite a lot of money on depreciation.

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