What is the depreciation period for engines?
2 Answers
Large vehicles, light trucks, non-operational passenger vehicles with more than 9 seats, and tourist passenger vehicles have a depreciation period of 10 years, while taxis, freight vehicles with trailers, and specialized mining vehicles have a depreciation period of 8 years. Introduction to depreciation period: The depreciation period refers to the number of years used to calculate the depreciation of fixed assets. For a long time, the depreciation period of fixed assets was determined based on the physical service life, that is, the time during which the fixed asset could continue to be used despite physical wear and tear and natural aging. Calculation of depreciation period: China currently implements a classified calculation and extraction method for fixed asset depreciation. The depreciation period for various types of fixed assets is determined based on the extent of physical and natural wear and tear. For equipment and large precision instruments with rapid technological advancements, intangible loss factors may be appropriately considered.
I've been driving for 20 years, and there's really no definitive answer to engine depreciation. Everyone's driving habits differ—my SUV's engine still runs like new after 8 years because I check oil levels weekly, change the oil monthly, and avoid aggressive acceleration even on long trips. Meanwhile, a friend's car engine gave out after just 5 years due to frequent overloading on mountain roads causing rapid wear. Engine lifespan typically depends on mileage and maintenance; 100,000 km is a critical threshold. With proper care, some engines may last over 15 years, but most average vehicles start aging between 5-8 years. I recommend regular maintenance at authorized service centers, including spark plug and cooling system checks, to significantly extend engine life.
