New cars lose 20% of their value within the first year, which is great news if you're buying a used one.
that 10% depreciation occurs over the first month after the sale. And over the course of its first year, a new car will lose about 20% of its overall value.So what are the best used cars to buy? According to Matt DeLorenzo, senior managing editor for Kelley Blue Book, the four-door sedan is always the best bet.
"There is a current crop of good, solid compact cars that have high feature sets and good fuel economy," he said, adding that car buyers should look"particularly those from Asian brands."
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