When buying a car, in Hamilton Ontario included, you have to be prepared to lose money… Over time. No one wants to throw money away, and whether or not you will do that with a car purchase is up to you and your negotiation skills and the amount of preparation you’ve invested before buying a car. But one thing is for sure – cars tend to lose value as time goes by and start as soon as you drive them off the dealer’s parking lot. New cars usually lose around 11% in value as soon as you take them off the dealer’s lot, and by the end of the first year of driving, their value has decreased by … [Read more...]