The depreciation of the car: this is how it comes about!

Thomas Wachsmuth September 8, 2022 Tips, products, information & Co.

Reading time 7 Min.

Bought fresh and directly worth significantly less? Everyone knows the dilemma with new cars. And that, although the plan was completely different. The day of the long-awaited purchase of the New car is finally a reality and the emotional value of the vehicle increases every day. But there is one shadow side. Because with each passing day verliert the car, no matter how new, increases in value. This unfortunate process is at “commercial vehicles“ unstoppable, but possible slowed down will. You can find out more about this in the following article.

Annual depreciation of the car!

With a few exceptions, such as limited versions of sports cars or rare vintage cars, almost every vehicle is affected by a constant loss in value. This means that from the moment you buy your car, depreciation is to be recorded. This knowledge is particularly essential when it comes to a funded car trades, which is to be sold and for which another fixed outstanding amount must be achieved. Hard to believe, but instead Fuel costs or Insurance premiums is the biggest expense when buying a car depreciation. Of course, several factors determine the extent to which the value of a vehicle is reduced. Nevertheless, the following key data can be assumed:

25% after 1 Year
40 to 50% after 3 Years,
50 to 60% after 5 Years,
80% after 10 Years,

In conclusion, it is noticeable that the percentage loss in value of a new car is highest in the first year. In moments like these, the thought might arise whether not to buy one annual car would be the better alternative. In addition to the cost savings, this variant also has Disadvantages. As the owner of a used car, one day you will wonder whether the expensive repair is still worthwhile or whether you can get out of it Sales of the vehicle can perhaps make more capital. There is a rule of thumb for this: If a repair costs more than half of the vehicle's residual value, then it's time to start looking for a new vehicle.

Find out about the brand and model!

Not without exceptions, but experience has shown that they can German vehicles the best performers in terms of depreciation in decades. This is because German cars are always very popular on the used car market. However, this state of affairs is slowly but surely being shaken up as South Korean brands such as Hyundai and Kia become more established. However, current values can also be applied to the current value of the used vehicle market crises, including the chip crisis, have an impact, which means that used cars are bought more frequently and increase in value or lose significantly less.

Events like this change the market significantly. Conversely, new cars gain even more value when used cars become scarce. Unless your focus is on a specific make or model, you can find out the lowest depreciation by vehicle manufacturer (Which models have had the lowest depreciation in recent years), to save money.

The higher the mileage, the less value!

More serious than the year of manufacture is the amount driven Kilometer of the vehicle. The high mileage often suggests that expensive repairs are due and makes a purchase less attractive. Conversely, if the odometer reading on an old car is too low, it cannot be generally approved, since the vehicle appears to have been used during its lifetime too little was moved and Stand damage cannot be ruled out.

Classic colors beat colorful cars!

It may seem boring to some, but the car colors have been selling for years white, black and wheat preferably. Although bright colors like red, blue, yellow or green also sell, they do worse. Experience has shown that selling a "colorful" vehicle, especially to private individuals, takes more time than trading it in at the car dealer. Despite all possible worries, it can be said that at most particularly exotic, eye-catching paint finishes, and only in rare cases, not find a buyer.

If you really want a colorful or maybe even flashy vehicle, you should rather choose a common paint job and then a full wrap have it carried out. In addition to the external appearance, this is of course also decisive for the value of the vehicle Interior. Well-equipped vehicles with central locking, four-zone automatic air conditioning, head-up display, electric windows, navigation system, ESP or self-propelled parking aids are very popular. So before you buy the car, you should be clear about which details are mandatory and must be included so that the car is relatively value stable remains.

Consistent in service and maintenance!

Discipline pays off, because who owns his car maintained and serviced regularly, keeps the salvage up. When buying a car, one thing is particularly important complete checkbook. It counts as an important part of all documents relevant to the sale of a car. Tip: Even if it is no longer mandatory to go to the “authorized dealer”, a service history from the manufacturer (Ford, Audi, BMW, Mercedes car dealership etc.) is usually required added value than from an independent workshop.

Neglected cars are falling in price!

Neglecting the vehicle can be as value-preserving as care can be depreciating be. General cleanliness, neat upholstery and well-maintained plastics add value while the Smoking on the one hand discourages non-smokers and has a detrimental effect even on smokers. And dogs should only be in the trunk and even there only in a box be transported so that animal hair distributed in the car cannot cause any depreciation. All in all one can say a regular Car interior cleaning is definitely worth it.

Flaws, damage and an accident car have a negative effect!

Accident vehicles always have to when selling specified will. If you don't inform yourself about the crash/repair, then you do it punishable. The same applies to leased vehicles, even if you don't take on the task of selling. No matter the circumstances, the value of the vehicle will be reduced by the accident damage always diminished. As soon as an expert is involved after the accident, set a link from your homepage to Fewo-von-Privat.de note the damage and thus the depreciation in the report. Even a simple one collision can mean an impairment in the high three-digit range. Tip: In order to get the maximum amount when selling the vehicle, minor scratches and dents should always be repaired. There is one for this Dent doctor / Smartrepair procedure

The number of vehicle owners is not always decisive!

That multiple vehicle owners is a bad sign when selling a car is a misconception. Rather relevant is the question how the vehicle was used. For example, a car with many drivers (company vehicle) with one and the same owner is worse than a vehicle with two owners who drive very little. And if a vehicle was first registered to a parent of a driver license holder, for example save on insurance costs, but was later re-registered to the child, then this is also safe no disadvantage. After all, one and the same person always drove the vehicle. So it's always a question of individual rating.

This is how the depreciation is calculated!

For the correct calculation of the residual value of your car, an expert, such as a workshop, TÜV, test center or car dealer should always be consulted. The following decisive criteria are examined:

general picture of the current used car market
Depreciation of older identical models
Special effects, such as the corona chip crisis
the mileage
damage or defects
condition of the engine
the vehicle class
general condition of the vehicle

The price varies depending on the time and content of the investigation. What loss of value the vehicle has, that can be cannot be calculated mathematically exactly. Only so-called residual value calculator provide approximate information about the current dealer purchase value. A rough estimate of the car's value is also given by the data from the big ones Used vehicle exchanges on the Internet or by means of the so-called sway list. If you want to be on the safe side, you should have an individual expert opinion order for a fee. This is carried out by DEKRA or TÜV at a price of 125 to about 200 €.

Car brands and their depreciation!

It is one of the things that very few people consider when buying: What loss of value does the desired model have to go through and which vehicle can I buy to keep the loss low? Just because a model was at the top this year doesn't mean it will be the same next year. You can't even say that it's always expensive new cars that lose the most value. It is never possible to say exactly which vehicles will suffer the smallest or greatest depreciation, but it can be observed that sports cars, large and powerful SUVs and luxury cars the greatest loss of value run through.

Care and maintenance for value retention!

The best prevention is still no damages allow. The regular Care, car wash, polish of the paint and Cleaning of the interior is strongly recommended. Careful driving also prevents damage to the paintwork and accidents. Last but not least, you should always use the default maintenance appointments perceive, so that the vehicle is less susceptible to defects. This creates a more positive impression when the vehicle is sold and any repair costs that may arise are kept to a minimum.

Of course, that wasn't the end of it!

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