What is it Worth? - Depreciation




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rebelbird01
06-22-2012, 09:18 AM
I was hoping someone was able to give me a opinion. I have a 2001 Pontiac Trans Am Ram Air its fully loaded and in great shape, it had 48,000 miles on it last year when i bought it. Today it has 55,000 miles on it what is the average Depreciation on this vehicle from 2011 to 2012?


LS-ONE_DAY
06-22-2012, 09:26 AM
Well how much did you buy it for and where are you located?

NC01TA
06-27-2012, 03:53 PM
The mileage difference is minimal and the one model year is almost insignificant. There should be little depreciation unless the car's condition has suffered during this interval.


Z28RS
06-27-2012, 04:11 PM
The mileage difference is minimal and the one model year is almost insignificant. There should be little depreciation unless the car's condition has suffered during this interval.


^^^ I agree completely with what this dude said; he nailed it!