depreciation

• heluim

  31 Jan 05, 17:37

  the depreciation of 1 year old cars is 20%..
  
  wad abt cars tt is less then 1 year old..
  and if the car is 1.5years old then the depreciation is 30% ?
  
  thanks in advance
• huoye

  31 Jan 05, 18:11

  standard is 20% off if vehicle is sold on/before the 1st yr of the current mkt price............ after dat duno liao but i guess is depends on demand and the current car prices
• heluim

  31 Jan 05, 18:29

  so is most worth it to buy a 1year old or less car la... since the depreciation rate is so high plus still got the warranty and the 9 years of COE left..
  but i guess the thing is tt is difficult to find a 1year old or less car...