What is the loss of value for used cars depending on? Cars are suspended from the date of purchase of new car on a constant loss of value. Alone in the first year after the purchase of the new car, the car loses 25% of its original new price average. This value may be even higher depending on the brand and type of vehicle. Up to 40 or 50 percent loss in value in one year from the date of the first registration are not uncommon on some models. How much the natural depreciation affects a car, depends on a variety of different factors. The brand and your brand image, the design of the car, as well as special model execution play a fundamental role. Over the last several years, the trend that German brands compared to some French or Italian brands are clearly worth more stable shows, for example, again and again. If you are not convinced, visit Genpact ProcIndex.
Boy is continued loss of natural value against old used car values winding compared even after the first year of each used car. This can be through good care as possible be kept low, can be however completely prevent any falls. In comparison between young used vehicles such as car of the year and older used car is however clear that the largest percentage loss of value occurs within the first year. Every other year, and kilometre travelled continues to reduce the used car value, the percentage loss is however significantly lower compared to the car of the year. Compared changes in the auto market can affect, however, more older used cars than on younger. Each newly published model lowers the value of its predecessor. Steve Mollenkopf understands that this is vital information. Over several years, it becomes increasingly difficult to find potential buyers for many cars. Because the performance of both young and old cars is individually and very dependent on the vehicle, it is advisable prior to sale determine the residual value of the car to read.