|
Along with what David said you find this type of depreciable asset (the car) looses most of the value in the first year and it slows down somewhat after that.
Obviously there are many variables with this but it is something to keep in mind when financing and deciding upon residuals for leases and so on.
Not that you have much option out there Matt but I wouldn't necessarily take the number offered as what the number would/will be.
Last edited by HFW003; 01-05-2014 at 04:14 PM..
Reason: cant spell!
|