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It varies greatly with the car you purchase. A car such as a Hyundai, or Kia, will loose plenty the first year. A car such as a Honda, or Toyota will loose less. A Lexus will loose even less. Resale value determines how much it will loose. Also a luxury car such as a Cadillac or Lincoln will loose a higher percentage of value than an inexpensive car.
What else can I help you with?
You bought a new truck for 18082.00. If the truck depreciates 20 in the first year how much will its value decrease?
3616.40
How much money do loose women get paid every year?
how much money women get pay
How much does a camaro 2010 cost in 2016?
Cars usually lose 30% their value in the first year. Then around 7-12% every year after that.
How much dead skin does an elephant loose in a year?
elephants lose 29% of dead skin a year
You bought a new truck for 18082.00 If the truck depreciates 20 percent in the first year how much will its value decrease?
3616.40
How much is the first Winchester 30-30 after Pre 64 1500000?
1949 - 1500001 was the first sn that year Depending on condition range of value from 350-700
How much would a car that cost 895400 new depreciate if its rate of depreciation was 20 percent during the first year?
The car would depreciate by $179,080 (895400 * 0.20) in the first year, making its value $716,320 after one year.
How much is a mint penny worth?
The value depends on the year.
How much can a car depreciate in 1 year?
A car can depreciate anywhere from 15% to 25% of its value in the first year, depending on factors such as the make and model, mileage, and overall condition. Luxury vehicles may experience higher depreciation rates, while some brands retain value better. Generally, the average depreciation for a new car is around 20% in the first year. This means that a $30,000 car could lose approximately $6,000 to $7,500 in value after one year.
You were told that Wayne Gretzky does not sighn his rookie cards is this correct?
First of all it doesn't actually matter...When you have a ROOKIE Card signed it defaces the mint value and drops the price of the card..then raises it for the signature value. For example if Gretky's rookie is worth 1000.00 mint but near mint is 200.00 then you would loose eight hundred dollars in value and then raise it b$50-100 dollars for the signature. So it is much smarter to get a second or third year card signed that has a much less value like $50 mint and 30 near mint because the card will be worth $130 signed.
How much does the Mosssy Nissan depreciate in the first year?
It depends on the condition of the car and how often it has been used and how well it has been taken care of, If it is basically new it shouldnt lose much of it's value
Why do assets depreciate in value?
the assets will loose their assets vavues because of wear and tear use of goods
