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  2. The Average Cost of Owning a Car Is Up Almost 50% Over the ...

    www.aol.com/average-cost-owning-car-almost...

    It looks at both prices and the time it will take to pay off an average car. The average new car sold for $48,623 in October -- that's a lot of money, but Americans' average wages have gone up, too.

  3. Black Book (National Auto Research) - Wikipedia

    en.wikipedia.org/wiki/Black_Book_(National_Auto...

    Black Book collects data from wholesale auctions it attends in person or online, applies adjustments and compares them against dealer advertised prices. Access is restricted because it requires subscriptions, but public access to its price search features are accessible through third party sites such as Newcars.com. [4] Assessing car value is dependent on several factors including make, model ...

  4. Car costs - Wikipedia

    en.wikipedia.org/wiki/Car_costs

    The yearly depreciation of a car is the amount its value decreases every year. Normally a car's value is correlated with the price it has on the market, but on average a car has a depreciation around 15–20% per year. [12] [13] Depending on market conditions, cars may depreciate 10–30% the first year. [14]

  5. Passenger vehicles in the United States - Wikipedia

    en.wikipedia.org/wiki/Passenger_vehicles_in_the...

    The United States is commonly regarded as a car-centric country, with cars being a dominant American mode of transport. U.S. infrastructure and road rules tend to privilege cars over other road users such as cyclists and pedestrians. Cars have been a major component of American culture, particularly since the 1950s. [6] [7]

  6. Car - Wikipedia

    en.wikipedia.org/wiki/Car

    A car, or an automobile, is ... it is estimated that over 100,000 patents created the modern automobile and motorcycle. ... and can be balanced against the value of ...

  7. Residual value - Wikipedia

    en.wikipedia.org/wiki/Residual_value

    Example: A car is sold at a list price of $20,000 today. After a usage of 36 months and 50,000 miles (ca. 80,467 km) its value is contractually defined as $10,000 or 50%. The credited amount, on which the interest is applied, thus is $20,000 present value minus the present value of $10,000 future value.

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