Don’t Get Scared of Depreciation Value of Nissan Cube Car
Depreciation is the term used for the decreasing value of vehicle, property, computers, laptop or anything valuable. Usually car depreciation is frequently searchable term because most car owners are worried about the decreasing value of their car when they are going to sell it. there are a number of misconceptions and myths about car depreciation most car owners believe that the new car’s value do not depreciate with the passage of time but only used car’s value decreases.
It is a fact that as soon as you leave the dealer’s showroom with your nissan cube car within 5 minutes of drives the value depreciates by 15% – 20%. The depreciation value is the price of car at the time of purchase minus the selling price of car after purchase. This difference varies and is affected by several factors.
Common Factors That Affect Depreciation Value of Nissan Cube Car
The most common factors that affect the car depreciation value are:
1- The depreciation of your nissan cube car can be affected by the geographical location where you live.
2- It can also be affected by weather, risk factor of exogenous shocks like flood, hurricane or earthquake.
3- A salvaged or totaled title given to your nissan cube car
4- The supply of nissan cube car in your country, suppose if the Government import more nissan cube car than the demand in the country there are chances that most buyers will buy it from Government auctions at low price rather than buying it from end user therefore you have to offer very low price.
5- the fuel and diesel prices also affects the overall selling value of nissan cube car and it might depreciate, this is because those cars which consumes more fuel are in less demand and nobody will be interested to invest in it.
Car depreciation value is a fact and there is no difference between a new and used car, the value of both cars depreciates with a certain percentage and according to the external factors therefore no matter you have bought a new nissan cube car or used nissan cube car you should be prepared bear the depreciation value before the purchase of your next car.