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As Soon As You Buy These Things They Lose Value

2018-06-20 3 Dailymotion

Reselling stuff that you no longer use is often a great way to make some cash with very little effort. But as Business Insider reports, there are also plenty of items that start losing their value immediately after they're purchased. The minute you drive your new car off the lot your car depreciates in value by 11%. Five years later, your car will be worth roughly 37% of what you paid for it. Even though it's only worn once, a wedding dress also loses its value quickly. Most wedding dresses can only resell for about half their original cost. Used video games are another tough resell item. According to Which, games lose about 70% of their value. Other electronics such as smartphones, laptops, and tablets become outdated very quickly and therefore lose their value at a speedy rate as well.