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Depreciation

Old 06-22-2012, 09:18 AM
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Default Depreciation

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?
Old 06-22-2012, 09:26 AM
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Well how much did you buy it for and where are you located?
Old 06-27-2012, 03:53 PM
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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.
Old 06-27-2012, 04:11 PM
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Originally Posted by NC01TA
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!


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