Impact of Depreciation

It's no coincidence that when you are shopping the used car market, the most popular used cars are those that hold their value well (a car is said to hold its trade in value when it does not depreciate as significantly as compared to other new car models bringing a higher price in the used car market). The Toyota Corolla and the Toyota Camry cars said to hold value exceptionally well because these cars are known to be ultra-reliable and easy and affordable to maintain. They are very sought after by used car buyers.