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Thread: Car Depreciation
07-10-2024, 02:48 PM
#1
Car Depreciation
Since I like you guys I'll teach you another thing that most don't know. Most numbers regarding vehicle depreciation and cars "holding their value" are worthless. The reason being is purchase prices of vehicles by model are not reported on, so depreciation is based on MSRP, and MSRP's sometimes relate to sales prices and are sometimes random numbers, it depends on the brand. Toyota doesn't discount much from MSRP, CJDR discounts a ton and most brands fall somewhere in the middle. Every single website that reports depreciation bases it on MSRP, and people don't buy cars for MSRP except in 2021/2022.
- ThaRoostah
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- ThaRoostah
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