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Are Newer or Older Cars Cheaper to Insure?

August 22, 2022 by rmaxj0077brothers@gmail.com

In general, older cars are cheaper to insure compared to a newer version of the same car. This is largely due to depreciation. After you drive your car off the lot, its monetary value starts to decrease rapidly. Cars lose most of their value within their first year, but the depreciation process continues for around … Read more

Categories FINANCE Tags Cars, Cheaper, Insure, Newer, Older

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