Now that you are commuting to work every day, you are considering buying a new car. However, you are undecided if you should invest in a new car or just keep the one you have. You have heard that cars depreciate a lot, and you don't want to waste your hard earned money. Let's do a little investigating to see if cars really do depreciate and if so, by how much.
Decide on a used automobile that you would like to purchase. Find the auto in an advertisement in the newspaper, car magazine, or internet. You must attach a copy of the advertisement to your work. The vehicle must be at least 3 years old.