Quote:
Originally Posted by Burrcold
You're predicting as well. No way to know. I'd wager that they wouldn't drop to $12k in 3 years.
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Agreed.
A good range to hope for is 45% - 50% value after 5 years and "normal" mileage.
The first year depreciation is the worst, and then it tapers a bit for subsequent years. The Edmund's and Kelly Blue Book sites have useful depreciation tables for most cars that are interesting to peruse.