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Why Car Ownership Is Getting So Expensive | CNBC Marathon
44:14
YouTubeCNBC
Why Car Ownership Is Getting So Expensive | CNBC Marathon
CNBC Marathon examines a variety of factors that lead to car ownership in the U.S. being so expensive, from auto loans to repairing your vehicle. A car loses about 10% of its value as soon as it's driven off the lot. And within the first three years, that number goes up to 50%. Depreciation — the rate at which that happens — is one of those ...
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