Lexus RX Depreciation Calculator
Year | Estimated Depreciation (%) | Initial Value ($) | Depreciation Amount ($) | Current Value ($) |
---|---|---|---|---|
1 | 20% | $50,000 | $10,000 | $40,000 |
2 | 15% | $40,000 | $6,000 | $34,000 |
3 | 12% | $34,000 | $4,080 | $29,920 |
4 | 10% | $29,920 | $2,992 | $26,928 |
5 | 8% | $26,928 | $2,154 | $24,774 |
These are just estimations and actual depreciation rates can vary based on factors like mileage, condition, market demand, and location. Always consult a professional or do thorough research before making any financial decisions.