Report Abuse. Hello, Yes, 'biannual' means twice a year. It is biennial (note the spelling is ONE letter different!!!) that means every two years. You can also use the term semi-annual for twice a year. Now I was ready to tell you different and then I looked it up in this source: http://www.bartleby.com/68/34/834.html. This is always a great source for many language questions: www.bartleby.com --I was using the 'usage' section for this question.
Fortunately, depreciation does not continue at this rate, but it is still faster for new cars than for old ones. On average, a new car will lose as much as 19 percent of its value in its first year of ownership. That means that your $20,000 new car will be worth about $16,200 after just one year. With each successive year, the rate of depreciation decreases significantly. Check out the car depreciation chart to see how a new car may decrease in value over the first five years.
The general rule is that for every $1,000 that you put down, your monthly payment will drop by about $20. Most You Can Afford. Though it may be difficult to save up for it, a large down payment, like 20 percent, does give you many benefits.onventional wisdom has long held that 20 percent is the magic number when it comes to buying a new car. But as it turns out, the vast majority of people are making far smaller down payments. An Edmunds analysis of new and used car purchases showed that the average car down payment in 2013 was about 12 percent.