On average, cars depreciate underline ( )% % as soon as you drive them of the sales lot. __ This is a required question

The question is asking for the average percentage of depreciation that cars experience as soon as they are driven off the sales lot. This is a common knowledge question related to economics and finance, specifically in the context of car buying and depreciation. The answer to this question can vary depending on the source, but a commonly cited average is 20%. This means that the value of the car decreases by 20% of its original price as soon as it is driven off the lot. It's important to note that this is an average figure and the actual depreciation rate can vary based on factors such as the car's make and model, its age, and its condition.