











A Team of Experts
Get expert tips and guidance from a community of renown personal finance experts right here at Loans Canada. We're here to help you stay informed so you can make the best financial decisions.
By Matthew Taylor
Updated on December 3, 2021
Car depreciation is the measure of how quickly a car loses its original value. A brand-new car can lose around 20% of its value as soon as you buy it.
Get expert tips and guidance from a community of renown personal finance experts right here at Loans Canada. We're here to help you stay informed so you can make the best financial decisions.