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Personal Finance Daily: Personal Finance Daily -- Dec. 3

2007-12-03 14:31:16

As investments go, cars are about the worst thing you can buy. The average new automobile takes a big tumble in value the minute you drive it off the lot, and by five years out retains just 35% of its original sticker price -- that's just $7,000 on a typical $20,000 car.

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