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Auto Refinancing and Consolidation for Luxury Vehicle Owners

Posted on 27 September 2011 by Tony Santos

Even though it’s almost common knowledge that cars depreciate about 20 percent the moment the driver drives their vehicle off the dealership’s lot, many do not realize that the vehicle will continue to depreciate in the range of 7-12 percent for every 14-15,000 miles driven. And what’s even worse, is that while other types of cars cannot compete with the intrinsic value and prestige of driving luxury vehicles, these vehicles can depreciate greater than the national average. Chances are though that the average luxury car driver drives their car on special occasions or around certain groups of people, which helps the owner maintain the original value in their purchased vehicle.  Continue reading “Auto Refinancing and Consolidation for Luxury Vehicle Owners” »

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