An online survey by CarMax, Inc found that most Americans see mileage as the top reason for depreciation, even over an accident. Other major reasons were frame damage and not keeping up with regular maintenance, which was chosen more by women than men.
The results of the survey:
Vehicle mileage - 33%
Accident or frame damage - 24%
Keeping up with regular maintenance - 22%
Current market data - 12%
Flood damage - 7%
Title issues - 2%
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