Determining Car Depreciation Rate?
09-14-2010, 11:54 PM
#1
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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.
Thanks.
09-15-2010, 12:40 AM
#2
OIF VET - BRZ *
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.
09-15-2010, 06:25 PM
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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 again.
Last edited by FordPhilippines; 11-12-2010 at 08:35 PM.