$31,252
PURCHASE VEHICLE FOR
This is the average cost of a new car in 2013.
OFF THE LOT: $27,814
Just by driving the car for the first time as a new
owner, it decreases in value by 11%.
ONE LATER: $23,523
After just one year of ownership, the car's value
will have decreased by 25%.
THREE $16,867
After three years of ownership, the car will have
decreased in value by 46%.
FIVE $11,629
After five years of ownership, the car will have
decreased in value by 63%_
Rates and values based on average for all vehicles and may not be representative of all vehicles.