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How long does it take for a vehicle to reach 50% depreciation?

asked
User Sweetz
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1 Answer

1 vote

Final answer:

On average, it takes 4 to 6 years for a vehicle to reach 50% depreciation.

Step-by-step explanation:

The time it takes for a vehicle to reach 50% depreciation depends on several factors such as the initial cost of the vehicle, the rate of depreciation, and any additional factors that may affect its value. Generally, vehicles depreciate at different rates, but on average, it can take anywhere from 4 to 6 years for a vehicle to reach 50% depreciation.

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User Robin Dirksen
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