emil_h
Well-known member
I don‘t know where you live, but here in Switzerland this is the case. The higher the price of the car, the more and faster is the depreciation. Mercedes, Audi, BMW that cost 100K ish loose 25% value as soon as you drive out of the garage.
Smaller and cheaper cars in the 20K ish, 10-15%.
ADDING: This is why it is always wiser to wait a little bit and buy an almost new second hand car with very few kilometers. You save at least 20-25%. We call it the first and big depreciation in car chargon.
You can apply this to expensive camera gears too.
If you want to be at the edge of technology you always pay more.
My location is right under my name, just like yours lol, but at the EOD it's all contextual to the type of car, the price point etc. Here in the USA the typical depreciation on cars driven right off the lot are 10% but I wouldn't be surprised if more expensive luxury cars can drop by closer to 15-20%. https://www.carfax.com/blog/car-depreciation