3 ms·
I’m sure there are outliers, but yours is far from the norm in the UK at least. > The average car depreciation will hit hardest in the first year of ownership.
by thebruce87m 3y ago
I’m sure there are outliers, but yours is far from the norm in the UK at least.
> The average car depreciation will hit hardest in the first year of ownership. Generally, the drop will be around 15-35% in the first 12 months. And that will continue to rise up to 50% or more over three years.
> Year 1: 15-35% depreciation. 65-85% of the original value.
> Year 3: 40-60% depreciation. 40-65% of the original value.
> Year 5: 60-70% depreciation. 30-40% of the original value.
> Year 8-10: 80% depreciation. 20% of the original value.
https://motorway.co.uk/sell-my-car/guides/car-depreciation-guide https://motorway.co.uk/sell-my-car/guides/car-depreciation-g...
- genocidicbunny 3y agoPerhaps, but mine is just a high-trim Mazda 6, so nothing particularly exotic or special. Perhaps Mazdas hold their value better, or this is more of a US situation.