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 2015-2018 GMC Canyon, 2016-2017 Buick Envision, 2016-2018 Chevrolet Colorado and Malibu, 2017-2018 GMC Acadia, 2018 Buick LaCrosse, Cadillac ATS, Chevrolet Equinox, and GMC Terrain vehicles. The high pressure fuel pump may detach from its mounting flange, possibly resulting in the pump damaging the high pressure fuel line.
General Motors LLC (GM) is recalling certain 2018 GMC Terrain vehicles. The sensing diagnostic module (SDM) that senses a crash and deploys the necessary air bags may not power down correctly when the vehicle is shut off, causing it to be inoperative when the vehicle is restarted.
General Motors LLC (GM) is recalling certain 2018 Chevrolet Equinox and GMC Terrain vehicles and 2017-2018 GMC Acadia vehicles. The right front intermediate driveshaft may fracture and separate while driving.
General Motors LLC (GM) is recalling certain 2018-2019 Chevrolet Equinox, Impala, Cruze, Volt and Bolt EV vehicles, GMC Terrain vehicles, Buick Lacrosse and Regal vehicles, Cadillac XTS and XTS Professional vehicles and 2018 Chevrolet Malibu vehicles. The rear brake caliper pistons may have an insufficient coating causing gas pockets to form, potentially reducing rear brake performance.
General Motors LLC (GM) is recalling certain 2018-2019 Chevrolet Cruze and Buick LaCrosse, 2018-2020 Chevrolet Equinox, Chevrolet Traverse and GMC Terrain, 2018 Chevrolet Malibu, 2019-2020 Buick Encore, Buick Enclave, Cadillac XT4, Chevrolet Blazer and GMC Acadia, and 2020 Cadillac XT6 vehicles. The start/stop accumulator endcap may have missing bolts.
Title | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total for 5 years |
---|---|---|---|---|---|---|
Depreciation |
Year 1 $1,291 |
Year 2 $1,192 |
Year 3 $1,093 |
Year 4 $993 |
Year 5 $894 |
Total for 5 years: $5,463 |
Insurance |
Year 1 $1,853 |
Year 2 $1,917 |
Year 3 $1,985 |
Year 4 $2,054 |
Year 5 $2,126 |
Total for 5 years: $9,935 |
Fuel |
Year 1 $1,393 |
Year 2 $1,435 |
Year 3 $1,485 |
Year 4 $1,544 |
Year 5 $1,614 |
Total for 5 years: $7,471 |
Maintenance |
Year 1 $1,941 |
Year 2 $1,406 |
Year 3 $938 |
Year 4 $927 |
Year 5 $1,913 |
Total for 5 years: $7,125 |
Repair |
Year 1 $665 |
Year 2 $851 |
Year 3 $965 |
Year 4 $1,089 |
Year 5 $1,270 |
Total for 5 years: $4,840 |
Taxes & Fees |
Year 1 $791 |
Year 2 $90 |
Year 3 $115 |
Year 4 $74 |
Year 5 $102 |
Total for 5 years: $1,172 |
Total for 5 years: $36,006
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Our article will tell you in detail how used car's values are calculated.
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