NADA average depreciation formula based on $50k
1st year average 19% equates to $40500
2nd year average 15% equates to $34425
3rd year average 15% equates to $29261.25
This formula is only a guide for an average vehicle with average demand.
I purchased a new 2000 BMW M5 for $75000. and sold it 13 months later for $72000.
I don't think the H2 will be that strong, but will probably only depreciate about 10% per year.
Ted
03 Yellow H2,Adventure Package,Luxury Package,Sunroof, Wrap-around Grill Guard w/Lts.,Tailight Guards,Roof Lights,Tubular Sidesteps,SMA Tire Rack,Carbon Fiber Dash, Custom Exhaust
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03 Yellow H2,Adventure Package,Luxury Package,Sunroof, Wrap-around Grill Guard w/Lts.,Tailight Guards,Roof Lights,Tubular Sidesteps,SMA Tire Rack,Carbon Fiber Dash, Custom Exhaust
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