Jun 3, 2024
It’s no secret that new vehicles experience a significant depreciation as soon as they leave the dealership lot. According to industry estimates, a new car can lose up to 20% of its value within the first year alone. This depreciation curve tends to flatten out in subsequent years. Pre-owned Chevrolets have already undergone the steepest depreciation, offering you the advantage of a lower initial cost while retaining decent resale value.
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