How does depreciation affect the type of car that you purchase?


Posted August 31st, 2010 by admin 1 Comment »
car
Marquita asked:


You have a choice of buying a luxury car or a standard model for the same price. How will depreciation affect both types of cars? If you are interested in a car that has the least amount of depreciation, which one would you purchase, the standard or the deluxe? How does depreciation affect the type of car that you purchase?