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Rate of depreciation (archive)

[ Follow Ups ] [ 3-series (E46) Message Board ] [ Msg. Board FAQ ]

Posted by MikeW on October 06, 1999 at 12:11:21:

In Reply to: Re: go for the '97 328 posted by Larry in NY on October 06, 1999 at 11:49:40:

At any point in time, any car is worth a certain amount of money. This is expressed as a % of it's original price. If you look at the percentage of a given car's value it loses as it gets older, you'll see that it loses the greatest amount in the first year. After a year or two the rate it looses value (rate of depreciation) gets less for the next few year, say years 3-6, after which the rate starts increasing again.

If you buy a 2-3 year old car, and hold it till its 5-6 years old, you'll lose the least amount between what you pay for it, and what you sell it for.

: : Mike, I'm not sure if I understand what you mean by saving the depreication. Can you explain?




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