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A Lexus sign, as luxury vehicles, Lexus are known for having a higher rate of depreciation

How Much Does a New Vehicle Depreciate Every Year?

Buying a new vehicle can be exciting, and with no risk of previous mistreatment or lapse in maintenance, it is easy to see why so many people love buying vehicles brand new. But, buying a vehicle new also means dealing with depreciation, and how much do vehicles depreciate in the first few years of ownership?