Question

what is car depreciation? process by with the price of your vehicle decreases as it ages and collects miles, dents and mechanical wear. process by with the price of your vehicle increase as it ages and collects miles, dents and mechanical wear. rewatch

Explanation:

Depreciation refers to a decrease in value. When a car ages, gets more miles, dents, or mechanical wear, its value typically goes down. The first option correctly states that the price decreases (depreciation), while the second option wrongly claims the price increases.

Answer:

The first option (process by with the price of your vehicle decreases as it ages and collects miles, dents and mechanical wear) is the correct answer.