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Ford Transit 1965 Europe and China Russia Australia Car Automobile Repairs and Owner Manuals
While a car continues to lose value over its useful life, the depreciation rate is more dramatic just after the title passes to the first purchaser of the dealer. No doubt that the next buyer, the person buying the car used-loss benefits from the original owner. What is harder to measure is the subjective value of driving a new car. Some car buyers are willing to accept the rapid depreciation in exchange for that new car smell.