depreciation of cars

Discussion in 'Politics & Religion' started by hermit_trader, Nov 25, 2003.

  1. Who determine the depreciation of cars? Is there any formula? Which brands have better retained values?
     
  2. The used car market does - what people are willing to pay for something and the available inventory. The more cars of a particular model there are and with fewer buyers, the lower the price. A model or mfr's reputation also as a lot to do with what people will pay.

    Kinda like the stock market. :)
     
  3. bobcathy1

    bobcathy1 Guest

    I buy all my cars used.
    Let the first fella take the depreciation.
    And work all the kinks out.

    I used to buy cars when they first came out.
    Then I wised up.