Saturday, October 21, 2006

Car Value and Deprecation

I ran some numbers to find out what is the optimal time to sell a car. This is what came out of that.

As most people know, a car deprecates the maximum in first year, and then when its around 5 years old. After that, the deprecation becomes lower.



Numbers for Toyota Camry Solara SE Coupe. Original Cost $ 18,500. Source: edmunds.com

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