What is the depreciation period and residual value rate for sedans?

[VanVivienne]

The depreciation period for sedans is ten years with a residual value rate of 5%. Here are the specific calculation methods: 1. First three years: The value decreases by 15% annually for the first three years; 2. Middle four years: The value decreases by 10% annually for the middle four years; 3. Last three years: The value decreases by 5% annually for the last three years. Note: Considering factors such as changes in new car prices, depreciation rates, and vehicle condition patterns, selling the car in the third year or the sixth year is actually the most cost-effective. The residual value rate for vehicles that are one to two years old and considered '80% new' is the lowest because new car prices are immediately discounted by 20% once sold by 4S dealerships.