CarDepreciation: Car Depreciation

Description Format Details Source

Description

Depreciation for 20 car models.

Format

A dataset with 20 observations on the following 4 variables.

Car Name of the car model
New Price of a new car
Used Value after new car leaves the lot after purchase
Depreciation Drop in value when a new car is driven away

Details

Twenty car models were selected at random from kellybluebook.com. Original price (in dollars) and value after the car has been driven 10 miles were recorded for each model. The depreciation is the difference (New-Used).

Source

New and used automobile costs determined using 2015 models selected from kellybluebook.com.


Lock5Data documentation built on July 23, 2021, 1:07 a.m.