Depreciation on Luxury Car: When to Sell Your Luxury Car
Buying a luxury car is not just another transaction. It is a choice the buyer makes. A choice to get the very best in terms of performance, comfort, and brand prestige. But if we were to quote the ‘automobile fanatic’ version of Spiderman’s Uncle Ben, “With great power comes great depreciation”. In terms of automobiles, depreciation refers to the decline in a car’s value over time, owing to factors such as its age, mileage, and