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Personal Finance 26w
I just bought a new car and need to figure out a depreciation schedule
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6
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Anonymous 26w

…for your taxes?

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Anonymous 25w

Why wouldn’t you just buy a used car that’s already depreciated a good amount, that’s 3-5 years old?

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Anonymous 25w

Depends how long you wanna drive it. Tbh, 10 years and 120k miles your usually looking at like 10k (plus features might bring it up to 15) and if you wanna really drive it into the ground 15-17 years brings you down to 3k (so long as you trade it in before it rusts through the body, or has major engine/transmission problems)

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Anonymous replying to -> #1 26w

Yes and my own personal net worth calculations

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Anonymous replying to -> OP 26w

Interesting tbh I’d just exclude it/mark to market for net worth calcs

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Anonymous replying to -> #2 25w

Or even older

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