Wasn't it Darrel Hammond? Why did they switch?
There's an ad for Liberty Mutual Insurance that asks "how can my car depreciate before its first oil change?"
It's been awhile since I've learned about depreciation, but doesn't a new car depreciate (lose value) the moment you drive it off the lot?
There's an ad for Liberty Mutual Insurance that asks "how can my car depreciate before its first oil change?"
It's been awhile since I've learned about depreciation, but doesn't a new car depreciate (lose value) the moment you drive it off the lot?
There's an ad for Liberty Mutual Insurance that asks "how can my car depreciate before its first oil change?"
It's been awhile since I've learned about depreciation, but doesn't a new car depreciate (lose value) the moment you drive it off the lot?
Not necessarily. Earlier this year I read a piece where an economist ran the numbers on used vehicles, less than two(?) years old. He collected a bunch of data, ran the regression analyses, and listed his results. The depreciation varied widely (of course) and a few cars even retained their full original estimated sale prices. He also noted one model where the prior year's model was selling for more than the current model's year.Yes. By approximately 20%, I believe.
Not necessarily. Earlier this year I read a piece where an economist ran the numbers on used vehicles, less than two(?) years old. He collected a bunch of data, ran the regression analyses, and listed his results. The depreciation varied widely (of course) and a few cars even retained their full original estimated sale prices. He also noted one model where the prior year's model was selling for more than the current model's year.
Not necessarily. Earlier this year I read a piece where an economist ran the numbers on used vehicles, less than two(?) years old. He collected a bunch of data, ran the regression analyses, and listed his results. The depreciation varied widely (of course) and a few cars even retained their full original estimated sale prices. He also noted one model where the prior year's model was selling for more than the current model's year.
Liberty commercials are the worst. Like the whole "why does my insurance go up just because I need to use it?"
Head explodes.
Liberty commercials are the worst. Like the whole "why does my insurance go up just because I need to use it?"
Head explodes.
You do realize I work for them, right?![]()
You do realize I work for them, right?![]()
He's in a mood tonight, due to GPL.![]()
Due to being wrong on GPL.
You do realize I work for them, right?![]()