Originally Posted by FordPhilippines
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.
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.