DEPRECIATION OF CARS. THE DEPENDANCE OF THE DEPRECIATION ON ENVIRONMENT, MILEAGE AND TIME

BILARS VAERDEMINSKNING. VAERDEMINSKNINGENS BEROENDE AV MILJOE, KOERLAENGD OCH TID

The effect of age, mileage and a measure of road standard on vehicle depreciation was studied by means of newspaper advertisements for used cars. The study includes cars and commercial vehicles. About 1500 cars and 160 lorries are included in the material. For every vehicle the following data has been noted: make, model, mileage, price, exchange code, day of sale and type of transport. Two mathematical models have been adapted to the material. The results show that about one third of the total annual depreciation for cars depends on time. For the largest lorries about three quarters of the total annual depreciation depends on time and about one quarter depends on the mileage. (TRRL)

• Availability:
  • Find a library where document is available. Order URL: http://worldcat.org/issn/03476049
• Corporate Authors:

  Swedish National Road and Transport Research Institute (VTI)

  Linköping,   Sweden  SE-581 95
• Authors:
  • Hammarström, Ulf
• Publication Date: 1979

Language

• Swedish

Media Info

• Features: Figures; References; Tables;
• Pagination: 63 p.
• Serial:
  • Publication of: Blackwell Scientific Publications Limited
  • Publisher: Blackwell Scientific Publications Limited
  • ISSN: 0347-6049

Subject/Index Terms

• TRT Terms: Age; Automobiles; Commercial vehicles; Depreciation; Environment; Evaluation and assessment; Highways; Mathematical models; Measurement; Present value; Prices; Time; Trucks
• Uncontrolled Terms: Mileage; Value
• Subject Areas: Finance; Highways; Motor Carriers; Vehicles and Equipment; I96: Vehicle Operating Costs;

Filing Info

• Accession Number: 00317286
• Record Type: Publication
• Source Agency: Transport and Road Research Laboratory (TRRL)
• Report/Paper Numbers: Meddelande N182 Monograph
• Files: ITRD, TRIS
• Created Date: Feb 6 1981 12:00AM