This information may differ from what you see when you visit a financial institution, a service provider or a specific product site. All financial products, purchase products and services are offered without warranty. When evaluating offers, view the General Terms and Conditions of the financial institution. If you encounter any discrepancies with your credit score or credit report information, please contact TransUnion® directly. Once you fully understand how auto-depreciation withdraws money from your wallet, you will learn how to save money on your life. Another lesser known fact is that car insurance costs less per month for a used car than a new car. Therefore, the savings from buying a used car are clear monthly in the form of a monthly premium in addition to the price of the label.
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