Quote Originally Posted by alwayz_yummy View Post
siyempre ginagamit kaya kaya nagdedepreciate. simple economics!
A better explanation would be that people don't want a used car as much as they want a new one. If people don't want something, demand drops, ceteris paribus, and the value drops too.

A car's actually a pretty bad investment. Don't expect much on the value of the car, unless it's a classic or a fad car if you're in the States (New Beetle, New Mini, Toyota Prius et al). Returns on investments on vehicles (machines in general actually) come from their output/productivity, and not the market value of the thing itself.