Depreciation

Premium Luxury Vehicles Show Highest Annual Depreciation Rate

By admin - Posted on March 4th, 2008

NADA Market Report: Replacement Levels and Customer Preference for Latest Models Drive Depreciation

MCLEAN, Va., March 3, 2008 -- NADA Used Car Guide (NADA), the industry standard in used-vehicle valuation and information, reports the premium luxury vehicle segment experienced the highest annual depreciation rate among three-year-old models in 2007, due in large part to consumer preference for the latest new models and high replacement levels.

NADA Official Used Car Guide data, developed by NADA's editorial team and released today, shows premium luxury coupes and sedans held four of the top-10 spots for vehicle depreciation for the year, with a replacement rate of 43 percent on average.

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