How is depreciation worked out?
How is depreciation worked out for cars and who decided on a percentage figure?F D (Dublin)
Oct 2021 Filed under: choosing used car
Hi F D,
There is no such thing as a fixed depreciation percentage for cars. It varies massively from model to model and is also affected by things like mileage, condition, demand in the market, etc.Shane O' Donoghue - Complete Car Advisor