Step 1: Getting Started
Okay, let's dive into this step-by-step tutorial on using a Depreciation vs Mileage Chart. First, you'll want to find a chart that's tailored to your specific vehicle make, model, and year. This will give you the most accurate depreciation estimates. Once you have the chart, locate your vehicle's current mileage.
Step 2: Using the Tool
When you use the Depreciation Vs Mileage Chart, follow that row across to see the estimated depreciation value. For example, if your used Honda Civic has 75,000 miles, the chart might show it's worth around $12,500. Now, compare that to the mileage - you can see how the value drops as the odometer ticks higher.
