Do you know how much a new vehicle depreciates in value? In the first year alone, new car values decline by 20 to 30%! (10% in the first month!) The value declines by 15 to 18% in years 2 through 6! Whether you buy new or used, the value of your vehicle will decline with age and use.
Don’t get caught upside down on your loan if you have an accident. Ask about GAP coverage today!