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A brand new car, in all its shining glory, ready to burn rubber for many kilometers to come, depreciates about 10% in value the moment it leaves the dealership. In less than three years, your car will be worth less than 60% of what it used to be when you bought it.
If you think that it is time to have a new car, you should start planning. The good news is that you have several options to get rid of your current vehicle. You can start by putting out a “for sale” sign in the window of your car and hope that many are interested.