How is the depreciation fee for a new car calculated?
2 Answers
It is generally calculated based on a 5% residual value rate. It is recommended to use the straight-line method, which is simple and easy to implement, and complies with the relevant provisions of the tax law implementation regulations. Using the straight-line method, the monthly depreciation amount of this fixed asset is (200000-10000)/48=3958.33.
I've carefully calculated the issue of new car depreciation, which refers to the expense of a vehicle's value decreasing over time. The key point is that a new car suffers significant losses as soon as it's driven off the lot, losing about 20% of its value in the first year, and then depreciating by an average of 10-15% annually thereafter. For example, if you buy a new car for 300,000 yuan, it might only be worth 240,000 yuan a year later, resulting in a loss of 60,000 yuan. The calculation method isn't complicated: subtract the expected residual value from the purchase price and divide by the number of years, but in reality, the depreciation rate depends on the car model, brand, and mileage. Japanese cars like Toyotas hold their value better and depreciate more slowly, while luxury cars or newly released electric vehicles depreciate more sharply due to rapid technological updates. Mileage exceeding 80,000 kilometers accelerates depreciation, and poor insurance and maintenance records also increase losses. It's advisable to choose high-value-retention models when buying a new car, drive less, and maintain the car diligently to slow depreciation. This affects the overall cost of ownership, and regularly checking valuations on used car websites can help manage your budget and avoid significant losses when selling the car in the future.
