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 2010-2017 GMC Terrain vehicles. A reflection caused by the headlight housings may illuminate areas above the vehicle and outside of the driver's view with excessively bright light. As such, these vehicles fail to comply with the requirements of Federal Motor Vehicle Safety Standard number 108, "Lamps, Reflective Devices, and Associated Equipment."
Title | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total for 5 years |
---|---|---|---|---|---|---|
Depreciation |
Year 1 $1,333 |
Year 2 $1,230 |
Year 3 $1,128 |
Year 4 $1,025 |
Year 5 $923 |
Total for 5 years: $5,639 |
Insurance |
Year 1 $1,826 |
Year 2 $1,890 |
Year 3 $1,956 |
Year 4 $2,024 |
Year 5 $2,095 |
Total for 5 years: $9,791 |
Fuel |
Year 1 $1,500 |
Year 2 $1,545 |
Year 3 $1,599 |
Year 4 $1,663 |
Year 5 $1,738 |
Total for 5 years: $8,045 |
Maintenance |
Year 1 $2,255 |
Year 2 $1,561 |
Year 3 $1,002 |
Year 4 $1,013 |
Year 5 $2,057 |
Total for 5 years: $7,888 |
Repair |
Year 1 $787 |
Year 2 $963 |
Year 3 $1,095 |
Year 4 $1,217 |
Year 5 $1,410 |
Total for 5 years: $5,472 |
Taxes & Fees |
Year 1 $832 |
Year 2 $95 |
Year 3 $121 |
Year 4 $77 |
Year 5 $108 |
Total for 5 years: $1,233 |
Total for 5 years: $38,067
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