am a new car dealer,,someone tell me how to determine the rate of depreciation for cars

Asked by Jul 03, 2017 at 06:41 AM

Question type: Car Selling & Trading In

1 Answer


New cars depreciate about 19% in the first year, half of that when someone takes ownership.

Your Answer

Add photo

Related Questions

Get More Money for Your Car
Be seen by 20 million shoppers. Create Your Free Listing

Search Car Selling & Trading In Questions

Car Selling & Trading In Experts

#1 F_O_R
Reputation 2,400
#2 Tom Demyan
Tom Demyan
Reputation 1,220
#3 Bob Beaman
Bob Beaman
Reputation 1,120
View All

Content submitted by Users is not endorsed by CarGurus, does not express the opinions of CarGurus, and should not be considered reviewed, screened, or approved by CarGurus. Please refer to CarGurus Terms of Use.