Vehicle Depreciation Explained in Recent Infographic from Complete Auto Loans
Seattle, WA (PRWEB) October 09, 2013 -- Millions of people around the world drive cars. Countless cars are bought and sold on a daily basis. But what many people do not understand is the actual value of the car they drive or how fast a new car loses value. Knowing this information is helpful for both car buyer and owners as they assess their investment. Complete Auto Loans is helping drivers understand more about their car in this area with a recent infographic posted to their website. To view this informative graphic, visit http://www.completeautoloans.com/car-value/.
A number of surprising statistics are delivered in this recent infographic. Many drivers, for instance do not realize that simply by driving their new car off the lot causes the vehicle to lose 11% of its value. And when a car reaches five years old or 75,000 miles, it has typically lost 60% of its original value - a very substantial amount. The infographic from CAL, however, makes these numbers easier to understand.
These facts and more are presented in an easy-to-understand fashion that is helping drivers know what to expect of their investment. Those wishing to sell their car will know approximately how to price their car based on its age so as not to sell for too cheap but sell at a low enough price that someone will be interested in purchasing it.
About Complete Auto Loans:
CAL provides bad credit auto loans online. Their unique finance platform can accept 100% of applicants, regardless of poor credit or even bankruptcy. By visiting their website, consumers are able to find the ideal loan for their personal financial situation, all through a quick and easy online process.
To apply for an auto loan, fill out their secure form at https://www.completeautoloans.com/apply-now2/.
Keith Eneix, CAL, http://www.completeautoloans.com/, +1 (425) 405-4393, [email protected]
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