Author Topic: Auto depreciation  (Read 677 times)

Offline TCT

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Auto depreciation
« on: July 18, 2015, 11:43:34 AM »
Before I even start, I know the answer is "it  depends" or "what the market will bear". But let's take a little journey out on the hypothetical side of town...

You buy a new car, truck, moped, what have you, when you drive it off the lot people say it loses between 15-20% right there. Then maybe another 10% out so after the first year provided you keep it immaculate and drive it very little.
What do you guys think those %'s would be on a auto press? After install(driving off the lot) and after a year of light use(under 75k impressions)? Do you, or have you guys ever thought about this?

I'm not writing a research paper, or trying to figure numbers for a bank or anything, just one of those things I have always kicked around in my head.
Alex

Hopefully I'll never have to grow up and get a real job...

www.twincitytees.com


Offline RICK STEFANICK

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Re: Auto depreciation
« Reply #1 on: July 18, 2015, 12:02:29 PM »
30 percent.
Specializing in shop assessment's, flow and efficiency