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depreciation

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babbles
Established Contributor

depreciation

Just need an opinion.  I have a 2010 nissan max 18K miles, sv model, premium technology pakcage.  I have been making double payments in hopes of selling the vehicle to carmax in 6 months.  In looking at some of the appraisals thus far, this vehicle has a rough trade in of between $24375 & $25050.  I am hoping to sell this vehicle in about May so how much could this vehicle depreciate providing it is still in excellent  condition?  I see the 2nd year depr is about $2270.  Amazingly carmax is retailing the same style car for $29500 but the consumer can only get 24k or so for it!  Smiley Happy

 

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