Prices on any car driving off a lot are going to typically guaranty you a 7.75% loss. It is call tax. No way of recovering that and in my opinion it is a scam that if you pay tax on a new item that the govrnment is going to continue to coleect this every time there is a transaction.
Cars bought properly should not depreciate much at all.
Here’s opne for you. Most rental car companies buy brand new cars fom all manufactures, can operate them for 6 monhts to a year snd stilll sell the cars at a price either equal too or higher than they paid. Additioanlly they are collecting rental revenues all that timme. Now explain to me all that depreciation?
