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Walkertiger
Oregon Fan
Asst. to the Regional Admin
Member since Nov 2007
2273 posts

Car Depreciation


Help me understand the values assigned to my car by kbb.com and/or nada.com.

If I have a 2010 model vehicle and I check nada.com today and it tells me my car is worth 30k. When will they update that value? daily, weekly, monthly, yearly?

I have a 2010 that I want to sell/trade in later this year. Wife wants to do it now. Im trying to figure out how much the car will depreciate since we will still be in 2013, regardless if it's done now or later this year.

Any help/input appreciated.







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Catman88
LSU Fan
Baton Rouge, LA
Member since Dec 2004
38791 posts

re: Car Depreciation


Its generally a monthly update sent out. Thats how black book does it at least.





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Bourbon&Boudin89
LSU Fan
Lafayette
Member since Jan 2013
277 posts

re: Car Depreciation


the longer the 13's are out the more it will depreciate. If you aren't going to be upside down in it then I would definitely do it sooner than later. Are you looking to buy new or used?





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foshizzle
LSU Fan
Washington DC metro
Member since Mar 2008
28607 posts

re: Car Depreciation


quote:

I have a 2010 that I want to sell/trade in


Why?






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Walkertiger
Oregon Fan
Asst. to the Regional Admin
Member since Nov 2007
2273 posts

re: Car Depreciation


I know they depreciate the longer they are out but how do I determine that rate at which they depreciate?

I am not upside down, not even close.






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Walkertiger
Oregon Fan
Asst. to the Regional Admin
Member since Nov 2007
2273 posts

re: Car Depreciation


Wife wants to get rid of the full size SUV and get a minivan for the growing family.





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