I intend to buy a new car. For a vehicle body value, how do I calculate the yearly depreciation.?

1 ⤊

I intend to keep the car for 5 years the least and this is my first time owing a car.

2006-08-31 06:38:12 · 3 answers · asked by Satin o 1 in Cars & Transportation ➔ Buying & Selling

go 2 cars.com

2006-08-31 06:40:34 · answer #1 · answered by yomamma8890 2 · 0⤊ 0⤋

Hello! Here is a car depreciation calculator:

http://www.money-zine.com/Calculators/Auto-Loan-Calculators/Car-Depreciation-Calculator/

2006-08-31 06:42:14 · answer #2 · answered by LB 4 · 1⤊ 0⤋

depends on the car, but for averages, I'd say 1st yr: 25%, 2nd year 20%, 3rd yr 15% 4th yr 12.5% 5th yr 10% 6th yr 7.5%

2006-09-03 18:04:25 · answer #3 · answered by Dwight D J 5 · 0⤊ 0⤋