Car Depreciation Rate
| Category | Year 1 | Years 2–5 / yr | Year 6+ / yr |
|---|---|---|---|
| Economy | 18% | 12% | 10% |
| Standard | 20% | 13% | 11% |
| Luxury | 25% | 18% | 15% |
| Truck / SUV | 15% | 11% | 9% |
| Electric (EV) | 25% | 20% | 16% |
These are industry-example constants for illustration, not a quote. Actual rates depend on the specific model, mileage, and market.