James_A
Apr 26, 2014Explorer
Depreciation on trailers
If I bought a good branded, nice layout trailer for $18K out the door and kept up the maintenance so it was always in good condition, what value would it hold in 3 years? 5 years? Thanks.
End of year – approximate depreciation…
$18000
1 - 18% 3240 = 14760
2 - 10% 1476 = 13284
3 - 7% 930 = 12354
4 - 6% 741 = 11613
5 - 6% 697 = 10916