Depreciation, Glossary and Terms, Automotive, Motorcycle, Boat Dealers
List of United States Automotive, Motorcycle, Boat, Dealers, Service Stations
The decrease in a vehicle's market value over time. The amount of yearly depreciation is affected by vehicle condition; resale-marketplace supply and demand; and make and model reputation. Convertibles, high-performance cars, trucks and vans tend to depreciate less than other vehicles.