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Ford Focus Estate - depreciation - Alan Birkinhead

Just taken my car off road (sorn) can anyone give me a value it might be in 6 months

Ford Focus Estate - depreciation - Falkirk Bairn

A few details - it could be nearly 20 year old or 6 months old.

Crystal ball gazing is tricky

Ford Focus Estate - depreciation - thunderbird

A few details - it could be nearly 20 year old or 6 months old.

Crystal ball gazing is tricky

Focus came out late 98 and is still available.

So it could be 22 years old or one day.

Ford Focus Estate - depreciation - sammy1

Here we go another intelligent question at least the guy taking out his provisional licence made me smile!

Ford Focus Estate - depreciation - alan1302

£50

Ford Focus Estate - depreciation - RT

Just taken my car off road (sorn) can anyone give me a value it might be in 6 months

About 10% less than it's worth now.

Ford Focus Estate - depreciation - Jamie3141

This is impossible to answer, Alan. Depreciation isn't linear with time. The value of a car decreases rapidly from the date it's first registered. The rate that the price decreases slows down with time. A car that's 2008 registered will depreciate much slower than one registered in 2018.

Ford Focus Estate - depreciation - John F

This is impossible to answer, Alan. Depreciation isn't linear with time. The value of a car decreases rapidly from the date it's first registered. The rate that the price decreases slows down with time. A car that's 2008 registered will depreciate much slower than one registered in 2018.

A theoretical answer could be arrived at by assuming a depreciation rate of 25% per annum. Assuming the OP knows the value of the car when he acquired it he can then calculate its value at the beginning of the six month period in question, and then subtract 12.5%.

Ford Focus Estate - depreciation - Jamie3141

A single figure can't represent depreciation accurately for an extended period of time though, as I said, because it isn't a linear relationship (between present value and time). You can qualify your statement to make it more accurate:

"Assume a car loses 20% of its year-on-year value for the first 3 years after it's first registered. After that, assume a year-on-year loss of ~5-10%."

Just plug N * (1-D)^t into a calculator to see how innacurate it becomes with time (N = car RRP, D = average depreciation as a decimal, t = period to compound over).

You can change the value of D all you want, but the more 'accurately' it predicts small t (near time), the less accurate it'll be for big t (distant time) and vice versa.

Ford Focus Estate - depreciation - _

Oooh. Algebra. Me brain hurts.

45% MG Zs new in 2 years

Edited by _ORB_ on 07/07/2020 at 21:51

Ford Focus Estate - depreciation - Jamie3141

Hahaha. If you want an even more, better, reliabler and acuraterer model then why not use the exponential function?

Something like f(t) = A * exp(-0.216*t) is likely to be more accurate, where f(t) is the final value (FV), A is the RRP and t is the time over which compounding takes place.

You can have a look at a graph of this here: www.desmos.com/calculator/lo2ibgalyq and hover your mouse over the line to view the 'present' value.

Ford Focus Estate - depreciation - Avant

I'm amazed that there are 10 replies to a competely meaningless question.

Common sense dictates that it can be answered only if we know:

Age of the car

Mileage

Condition

Petrol or diesel

Which model, e.g. Zetec, Titanium

Value for insurance or to get a selling price?

Ford Focus Estate - depreciation - Zippy123
I was wondering if this is that other chap on a windup?
Ford Focus Estate - depreciation - Andrew-T
I was wondering if this is that other chap on a windup?

Since he's not bothered to tell us any more, seems he's not interested.

Ford Focus Estate - depreciation - Jamie3141

I'm amazed that there are 10 replies to a competely meaningless question.

That's just how helpful everybody on the forum really is.

Ford Focus Estate - depreciation - edlithgow

WOT, no spam?

Ford Focus Estate - depreciation - FP

Yet.