A new freeway depreciates as fast as your new car

Streetsblog
By Angie SchmittJul 18, 2013, 10:50 am22 pts
A Metra train bypasses congested automobile traffic on the free-to-use Kennedy Expressway. Elly Blue wrote about automobile depreciation last week. Depreciation is the value of the automobile that disappears because it’s not as valuable anymore, for reasons of mechanical decay and the “used” factor.…

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