Pro Tips
When it comes to depreciation and mileage, there are a few pro tips to keep in mind. First, understand that mileage is a significant factor in a vehicle's depreciation. Generally, the more miles a car has, the faster it will lose value. However, it's not a linear relationship – a car with 50,000 miles won't necessarily depreciate twice as fast as one with 25,000 miles.
Advanced Tricks
When you use the Depreciation Vs Mileage Chart, another key consideration is the vehicle's age. Newer cars tend to depreciate more rapidly in the first few years, while older vehicles often see a slower rate of depreciation.
