Estimated annual depreciation rate for individual vehicle make/model
combinations. Computed by fitting log-linear regressions of retention
rate (price / MSRP) on vehicle age (in years) for used vehicle listings;
the annual depreciation rate is 1 - exp(b) where b is the
age coefficient. Only used vehicles aged 1–10 years with valid price and
MSRP values are included. Only make/model combinations with at least 100
listings are included, and results are filtered to positive depreciation
rates only.
Usage
data(dep_annual_model)Format
A data frame with 5 variables:
| Variable | Description |
make | Vehicle manufacturer (e.g., "Toyota", "BMW", "Mercedes-Benz") |
model | Vehicle model name (e.g., "Camry", "RAV4", "Model 3") |
vehicle_type | Vehicle type: "Car", "CUV", "SUV", "Pickup", "Minivan" |
powertrain | Powertrain category: "Gasoline", "Battery Electric (BEV)", "Hybrid Electric (HEV)", "Plug-In Hybrid Electric (PHEV)", "Diesel", "Flex Fuel (E85)" |
dep_annual | Estimated annual depreciation rate (proportion, 0–1) |
Source
Computed from used vehicle listings data from Marketcheck.
Examples
data(dep_annual_model)
head(dep_annual_model)
#> make model powertrain vehicle_type dep_annual
#> 1 Acura MDX Gasoline CUV 0.11083871
#> 2 Acura RDX Gasoline CUV 0.09383736
#> 3 Acura TL Gasoline Car 0.07885553
#> 4 Acura TLX Gasoline Car 0.07452962
#> 5 Audi A4 Flex Fuel (E85) Car 0.07030819
#> 6 Audi A4 Gasoline Car 0.09650968