Transmission can affect depreciation

When making a used car purchase, many people take into consideration the amount of depreciation that vehicle will see in the next few years. According to experts, most manual transmissions will lose more money as they age than their automatic counterparts.

According to Ask.cars.com, the amount of depreciation of a manual transmission vehicle depends on a couple of factors, including the make and model.

Automotive Lease Guide general manager James Clark tells the website that in a car segment which is predominantly automatic, a manual transmission is expected to lose more value.

The exception to this rule is sports cars where some drivers like to have the feel of being in more control of the car.

Manuals are also less expensive when purchased new, so it goes to reason that a used manual transmission version of the car would be cheaper than its automatic cousin. For people on a tight budget, this might be a good option to save some additional money.

Whether manual or automatic, according to Cars.com, more people are choosing to make used car purchases because of the economy. A recent survey by the website finds that 32 percent of car buyers who would have normally purchased a new car, bought a used car last month.

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