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Coronavirus (COVID-19) Update – 26/03/2020

Motor Trade Insurance News

Car Depreciation

There are numerous factors to consider when buying a car, number of seats, fuel and economy type, mileage, colour and the cost of an insurance policy… the list is never ending. One thing you might be forgetting about as you hand over that hard-earnt money is, it might not be your ‘forever car’, and the chances are, you’re going to want to upgrade in a few years. If the value of your car has dropped substantially in the time you own it (known as depreciation) then you might kick yourself, so next time you shop around the motor trade forecourts consider how well the vehicle will hold its value. more info…



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