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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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HYUNDAI IS RECALLING 3,011 MODEL YEAR 2005-2007 ELANTRA, TUCSON, SONATA, AZERA AND ACCENT VEHICLES. A MALFUNCTIONING STOP LAMP SWITCH MAY CAUSE THE BRAKE LIGHTS TO FAIL TO ILLUMINATE WHEN THE BRAKE PEDAL IS DEPRESSED OR MAY CAUSE THE BRAKE LIGHTS TO REMAIN ILLUMINATED WHEN THE BRAKE PEDAL IS RELEASED. A DEFECTIVE STOP LAMP SWITCH MAY ALSO AFFECT THE OPERATION OF THE BRAKE-TRANSMISSION SHIFT INTERLOCK FEATURE SO THE TRANSMISSION WOULD NOT BE ABLE TO BE SHIFT OUT OF THE "PARK" POSITION. IT MAY ALSO CAUSE THE ELECTRONIC STABILITY CONTROL (ESC) MALFUNCTION LIGHT TO ILLUMINATE, AND IT MAY NOT DEACTIVATE THE CRUISE CONTROL WHEN THE BRAKE PEDAL IS DEPRESSED.
Title | Year 1 | Year 2 | Year 3 | Year 4 | Year 5 | Total for 5 years |
---|---|---|---|---|---|---|
Depreciation |
Year 1 $512 |
Year 2 $472 |
Year 3 $433 |
Year 4 $394 |
Year 5 $354 |
Total for 5 years: $2,165 |
Insurance |
Year 1 $1,451 |
Year 2 $1,502 |
Year 3 $1,554 |
Year 4 $1,609 |
Year 5 $1,665 |
Total for 5 years: $7,781 |
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 $2,763 |
Year 2 $1,471 |
Year 3 $609 |
Year 4 $225 |
Year 5 $2,291 |
Total for 5 years: $7,359 |
Repair |
Year 1 $1,266 |
Year 2 $1,290 |
Year 3 $1,473 |
Year 4 $1,590 |
Year 5 $1,816 |
Total for 5 years: $7,435 |
Taxes & Fees |
Year 1 $169 |
Year 2 $19 |
Year 3 $24 |
Year 4 $16 |
Year 5 $22 |
Total for 5 years: $250 |
Total for 5 years: $32,461
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