Glossary / General

depreciated

9 Episode Mentions
Too Afraid to Ask

Depreciation is how much a car loses its value as it gets older. For example, a new car is worth less after a few years because it's used and has more miles on it.

Technical Definition

Depreciation refers to the reduction in the value of a vehicle over time, often due to wear and tear, age, and market demand. It affects how much a car is worth when sold or traded in.

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