Why do cars depreciate once you drive it off the lot? 1.86K viewsDecember 31, 2023 Question100.55K September 12, 2023 0 Comments Why isn’t it treated similarly to a house? In: 111 43 Answers ActiveNewestOldest Anonymous Posted September 12, 2023 0 Comments Because once the paperwork is done the car has changed hands and it’s legally considered a used car. Houses tend to be more indemand. If you have an in demand car (like a 2005 Ford GT) then it could increase in value the moment it drives off the lot. You are viewing 1 out of 43 answers, click here to view all answers. Register or Login
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