Do Audis Hold Their Value? What To Know About Resale & Depreciation
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Luxury cars lose value faster than regular cars – that’s a fact. They cost more to buy and maintain, and new models come out often, making older ones less desirable. Furthermore, people usually prefer cheaper, practical cars for everyday use, so there’s less demand for used luxury cars. This means when you sell a luxury car, it might not be worth as much as a similar-age regular car (but that is not always the case).