Why do cars depreciate once you drive it off the lot?

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Why isn’t it treated similarly to a house?

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43 Answers

Anonymous 0 Comments

Everything depreciates over time, even metal like gold, silver, etc. 90% of the time it’s wear and tear.

The dealers cannot say a car is brand new or like brand new for sure after it’s left the lot because they have no idea what you did with or in it.

As far as they know you took it off road hard, has sex in it, did lines of cocaine off the back seat, then took it to a car wash to rinse the hooker blood out of the trunk.

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