Depreciation is the reduction in value incurred during a given period of time. Using a combination of data sources, Vincentric estimates the annual depreciation on each vehicle. We have developed the standard factors below to enable effective comparisons.
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VARIABLES
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DATA FACTORS |
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Length of Ownership
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24 Months
36 Months
48 Months
60 Months
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Type of Transaction
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Wholesale
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Vehicle Condition
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Good
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Average Annual Mileage
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20,000
25,000
30,000
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Sales Price
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Vincentric Fleet Price
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