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How Are Used Car Values Calculated?
Our article will tell you in detail how used car's values are calculated.
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General Motors LLC (GM) is recalling certain 2019 Chevrolet Corvette ZR1 vehicles. Hard braking or acceleration may cause the sensing diagnostic module (SDM) to enter a fault state. As a result, the SDM will not provide crash sensing or deploy the necessary air bags in the event of a crash.
Title | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total for 5 years |
---|---|---|---|---|---|---|
Depreciation |
Year 1 $5,263 |
Year 2 $4,858 |
Year 3 $4,453 |
Year 4 $4,048 |
Year 5 $3,644 |
Total for 5 years: $22,266 |
Insurance |
Year 1 $2,200 |
Year 2 $2,277 |
Year 3 $2,356 |
Year 4 $2,439 |
Year 5 $2,524 |
Total for 5 years: $11,796 |
Fuel |
Year 1 $1,902 |
Year 2 $1,960 |
Year 3 $2,028 |
Year 4 $2,109 |
Year 5 $2,204 |
Total for 5 years: $10,203 |
Maintenance |
Year 1 $2,525 |
Year 2 $2,292 |
Year 3 $1,580 |
Year 4 $2,399 |
Year 5 $2,182 |
Total for 5 years: $10,978 |
Repair |
Year 1 $933 |
Year 2 $1,098 |
Year 3 $1,251 |
Year 4 $1,371 |
Year 5 $1,577 |
Total for 5 years: $6,230 |
Taxes & Fees |
Year 1 $3,894 |
Year 2 $443 |
Year 3 $565 |
Year 4 $362 |
Year 5 $503 |
Total for 5 years: $5,767 |
Total for 5 years: $67,241
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