CarDepreciation: Car Depreciation

In Lock5Data: Datasets for "Statistics: UnLocking the Power of Data"

Car Depreciation

Description

Depreciation for 20 car models (2024).

Format

A dataset with 20 observations on the following 5 variables.

Car	Name of the car model
New	Price of a new car
Used	Value after one year
Depreciation	Drop in value after one year
PctDrop	Percent depreciation after one year

Details

Twenty car models were selected at random. Original price (in dollars) and value after one year (and 12,000 miles) were recorded for each model. The depreciation is the difference (New-Used). Updated for 4e (earlier version is now CarDepreciation3e)

Source

New and used costs determined using models selected from https://caredge.com/depreciation.

Lock5Data documentation built on Jan. 8, 2026, 9:09 a.m.