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Determining Car Depreciation Rate?

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Old 09-15-2010, 12:54 AM   #1
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Default Determining Car Depreciation Rate?

Hi, anyone knows how to determine the annual depreciation rate of cars like the Ford F150? I googled it but I get non-relevant results.

Thanks.
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Old 09-15-2010, 01:40 AM   #2
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Originally Posted by FordPhilippines View Post
Hi, anyone knows how to determine the annual depreciation rate of cars like the Ford F150? I googled it but I get non-relevant results.

Thanks.

See what the average price of a used one is and deduct $3K-$5K. The rate is based highly on the auction market's. If many trucks are made (dime a dozen) then the value will fall. If a lot of rebates are offered..the value falls. If problems arise with the trucks then values fall...regardless, if you didn't get a good deal on your truck you could lose your butt. I bought my 09 for $14K under sticker and I probably couldn't sell it for $26-27K with all my mods. Luckily, I owe $18K on it.
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Old 09-15-2010, 07:25 PM   #3
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See what the average price of a used one is and deduct $3K-$5K. The rate is based highly on the auction market's. If many trucks are made (dime a dozen) then the value will fall. If a lot of rebates are offered..the value falls. If problems arise with the trucks then values fall...regardless, if you didn't get a good deal on your truck you could lose your butt. ford door parts I bought my 09 for $14K under sticker and I probably couldn't sell it for $26-27K with all my mods. Luckily, I owe $18K on it.
Thanks for the info. I will keep that in mind. Can I jot this down on my text-file notes for personal use. Let me know on how I can acknowledge you.

Thanks again.

Last edited by FordPhilippines; 11-12-2010 at 09:35 PM.
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