CarDepreciation {Lock5Data}

Car Depreciation

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.