The Car and Truck Fleet and Leasing Management Magazine

Cars Generally Lose 50 Percent of Value After 3 Years

September 13, 2001

After three years, cars such as the Cadillac DeVille, Mercury Grand Marquis, Ford Taurus, and Chevy Cavalier is worth about half of their value, according to Runzheirmer International.But some cars maintain their value better, such as the Saturn sedan, whose value slipped by about 35 percent after three years.According to a spot analysis of six vehicles conducted by Runzheimer, vehicles depreciate as much as 32.5 percent for the Cavalier to as little as 17 percent for the Saturn after the first year. After the second year, depreciation figures range from a high of 43.4 percent to a low of 26.6 percent. Third-year depreciation ranges from 51.8 percent to 35.5 percent. After four years, a vehicle could be worth only 59.5 percent of its original value or as much as 44.8 percent.
Twitter Facebook Google+

Comments

Please note that comments may be moderated. 
Leave this field empty:
 
 

Fleet Incentives

Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.

Sponsored by

In 1983, Wayne Smolda founded CEI, today the largest independent accident management company, serving more than 400 clients with over 450,000 vehicles.

Read more

Up Next

More From The World's Largest Fleet Publisher