mostly American muscels
depends on the car, but most depreciate about 30% in the first year.
Absolutely
The value of the car will depreciate as soon as you drive it off the lot. Less spending made the value of many stocks depreciate.
a lot
20% (A+)
20% (A+)
Mini Coopers tend to depreciate slowly.
3357.80 (A+)
New cars depreciate a lot faster than used vehicles will. It is projected that a car will depreciate about 20% in the first two years, and 15% for the next five years.
If the damage is minor, and the damage is fixed correctly, there should be little to no depreciation. In the case of a major repair, the car should not depreciate more than a few hundred dollars, if repaired fully and correctly.
On average, the typical vehicle can depreciate in value between 4 and 10% per year. Many factors can determine how quickly a car's value will depreciate, one of the largest factors being the vehicle's make and model.
The car would depreciate by $179,080 (895400 * 0.20) in the first year, making its value $716,320 after one year.