OP
OP
RickLightning
Well-known member
- Thread starter
- #16
March 26th - $42,400
Now, up current mileage from 16,800 to 22,800 - $39,600 or 47 cents per mile.
Sponsored
Sponsored
Resale Value change
- Thread starter RickLightning
- Start date
- Watchers 6
Now, up current mileage from 16,800 to 22,800 - $39,600 or 47 cents per mile.
TwentyTwentyThree
Well-known member
All I’m saying is, a (daily driver) car (or truck/suv) is a depreciating asset and can not be looked at as an investment.
I think a rule of thumb for depreciation assuming annualized 15k is
20% - first year
15% - every consecutive year until year 5 then it falls of a cliff.
I think a rule of thumb for depreciation assuming annualized 15k is
20% - first year
15% - every consecutive year until year 5 then it falls of a cliff.
Last edited:
