by Lisa Thomas | Dec 8, 2025 | Car Knowledge, Electric Cars, How a vehicle depreciates after an accident, How depreciation affects your auto loan, Insurance, Legal, Protect yourself before and after an accident, Recovering diminished value, Road Vehicles, Role of GAP insurance, Vehicle depresiation affects an auto loan
This article may contain affiliate links. When you drive off the lot with your new vehicle, it immediately begins to depreciate in value, sometimes by as much as 20% in the first year. But what happens when that vehicle is involved in a collision? Beyond repair costs...
