N - Nearly new

05 June 2006

Nearly new - This is a term applied to cars from the time they are registered until they are a year old. What Car? calls any car over one year old 'used'. All cars suffer their greatest drop in value during the first year of their life so, if you can find a car which depreciates very heavily in that time, buying a nearly new car can bag you a real bargain.


Want to know the difference between your APRs and your PCPs? Our Glossary will guide you through the minefield of car-buying terms.

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