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> A good amount of people buy a certain car and maintain it, intending to run the vehicle into the ground completely. In such case, yearly depreciation is the
by cyberdrunk 6y ago
> A good amount of people buy a certain car and maintain it, intending to run the vehicle into the ground completely.
In such case, yearly depreciation is the cost of replacing the car with a new one, divided by the number of years until you replace it. In my calculations, I estimate I'll be driving my cars 20 years each, and base deprecation costs on that.