Car Depreciation… And How to Minimize it

Edmunds reports that new cars can lose up to 40% of their value in the first two years alone.

Depreciation is driven by several factors, all of which change frequently: 
• The vehicle's new car price
• Popularity vs. supply of the vehicle
• Frequent changes in body style
• Technology which rapidly depreciates

At EchoPark, we're constantly monitoring these factors and acquiring 1-3 year old vehicles just after they've taken their biggest depreciation hit - which allows us to pass these savings along to you.

How much do new cars depreciate in value?

 
Learn More About the Cost of Depreciation


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