Fleet data collected in 2019 found that depreciation expenses for most vehicles went down in 2019.
Vehicle Depreciation Rates Expected to Hit 15%
Over the past four years vehicle depreciation rates have remained below 14% for two- to six-year old vehicles, but that is anticipated to change for 2016. In 2016, depreciation rates are expected to climb to 15%. Further analysis of the market shows how cars, SUVs, and trucks fared in 2015.