How to Calculate New Vehicle Depreciation Fees?
2 Answers
The compensation coefficient is determined by the manufacturer between 0.5 and 1, and is explicitly stated in the three-guarantee certificate. It should also cover vehicle repair costs, lost wages, and transportation expenses. Although the accident will affect the vehicle's value, vehicle depreciation fees are generally only realized when the vehicle is sold.
New car depreciation cost, also known as the depreciation expense, is something I understand from the perspective of an average car owner. The calculation method is quite straightforward: it's the purchase price of the new car minus the estimated resale value after a few years. For example, when I last bought a car for 250,000 yuan, after one year, checking the used car market, it was worth about 200,000 yuan, so the first-year depreciation was 50,000 yuan. On average, the car loses about 15% of its value each year, but this depends on usage: if driven less, with low mileage and no accidents, depreciation slows down. The brand is also crucial; models like the Toyota Highlander, known for good resale value, depreciate less. I recommend regular maintenance after purchasing a new car to reduce wear and tear, and when selling, use a reputable platform for valuation to get a more accurate estimate. For long-term use, a formula can be applied: subtract the residual value from the new car price and divide by the number of years, e.g., depreciating over 10 years means roughly 1-10% loss per year. In short, don't overlook this cost—it directly affects your future expenses. Before buying a car, check the brand's resale value reports to choose a reliable one and save yourself some hassle.
