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Home > Cars & Transportation > Buying & Selling > How is it that car dealerships are allowed to say there is no straight off the lot 11 percent depreciation?

How is it that car dealerships are allowed to say there is no straight off the lot 11 percent depreciation?

  • Best Answer

    A car dealership doesn't HAVE to say it, because we all know that a new car depreciates in value as soon as you drive it off the lot.

    Edna
    Lv 7 2 months ago 1 0
  • Other Answer
  • A car dealership doesn't HAVE to say it, because we all know that a new car depreciates in value as soon as you drive it off the lot.

    Edna 2 months ago 1 0
  • They are in the business to sell cars not to forecast the value of cars after you got it.

    Anonymous 2 months ago 2 0
  • Probably because most cars depreciate much more than 11% when you drive them off the lot.

    People don't realize this.

    River Euphrates 2 months ago 2 0
  • None have ever said that. Your cluelessness is considerable.

    Anonymous 2 months ago 3 0
  • please turn st patricks people into a drunks

    david 2 months ago 0 1
  • Where did you get such a stupid number? I mean, it's not based on any factual information whatsoever. What kind of answer are you looking for, when your question itself is already based on bad information? 

    TheReal 2 months ago 5 0
  • It's called free speech, it's in one of the Amendments I think.

    You are free to believe them or not.

    Percyqted 2 months ago 1 0
  • They may say whatever they wish. Whether or not you listen is a different matter.

    Barry 2 months ago 9 0
  • My rule number one: Never believe anything any car salesman tells you. I always figure the decrease in value at 20%. ten percent because the vehicle immediately becomes "used". And ten percent because you can only expect wholesale value if you were to trade in or sell the vehicle.

    regerugged 2 months ago 8 0
  • because its not true ..the truth is its a lot more 

    boy boy 2 months ago 5 0
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