Spending & BudgetingCars

A New Car Is an Investment

Most cars lose value fast

People call a new car an investment. What would a $50,000 car be worth five years later? Ready to find out?

You'll find out

  • What a new car is worth after 5 years
  • The strange year used cars cost more
  • Which cars lose the most

Why it matters

A car is one of the biggest things most people buy. Knowing which way its value goes changes how its price reads.

About 3 min6 interactive slides · 5 questionsLesson 176 · Zone 20

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  2. 173PricingThe Decoy PriceA useless option can make another look like a deal
  3. 174SpendingLifestyle CreepWhen spending rises to meet every raise
  4. 175BudgetingSinking FundsSaving a little each month for bills you know are coming
  5. 177CarsThe True Cost of a CarPayment, insurance, gas, repairs and the value it loses
  6. 178WantingThe Diderot EffectA philosopher's beautiful new robe made everything he owned look shabby, and the upgrades never stopped
  7. 179Behavioral EconomicsThe IKEA EffectWe love what we build ourselves
  8. 180Spending HabitsThe 30-Day PauseWaiting before a want shows if you still want it