Car Depreciation Graph

The high depreciation rate is usually applicable to the following car brands.
Car depreciation graph. Thats right in those three years put together it loses less than in that first year. By entering a few details such as price vehicle age and usage and time of your ownership we use our depreciation models to estimate the future value of the car. Then the car value continues to drop year after year. However and this is where the secret comes in the next year only sees a 1114 drop in value.
In the first year the car loses 7419 of its value. A car is by far one of the best investments you can make if youre looking to lose money at a significant rate. After two years your cars value decreases to 69 of the initial value. The following chart contains the default year to year depreciation rates used by the car depreciation calculator.
After three years your cars value decreases to 58 of the initial value. Citroen renault peugeot fiat. Use this depreciation calculator to forecast the value loss for a new or used car. It all has to do with a devious little thing called car depreciation which is a fickle mistress that can leave your car feeling insecure and worthless.
Feel free to change the rates as you see fit. After a year your cars value decreases to 81 of the initial value. Ford mitsubishi bmw skoda volvo lexus kia. Our car depreciation calculator uses the following values source.
Our estimates are based on the first three years depreciation forecast. In fact in years two three and four it only loses 5976.