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Estimated annual depreciation rate for each combination of powertrain and vehicle type. 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.

Usage

data(dep_annual_type)

Format

A data frame with 3 variables:

VariableDescription
vehicle_typeVehicle type: "Car", "CUV", "SUV", "Pickup", "Minivan"
powertrainPowertrain category: "Gasoline", "Battery Electric (BEV)", "Hybrid Electric (HEV)", "Plug-In Hybrid Electric (PHEV)", "Diesel", "Flex Fuel (E85)"
dep_annualEstimated annual depreciation rate (proportion, 0–1)

Source

Computed from used vehicle listings data from Marketcheck.

Examples

data(dep_annual_type)

head(dep_annual_type)
#>               powertrain vehicle_type dep_annual
#> 1 Battery Electric (BEV)          CUV 0.10402026
#> 2 Battery Electric (BEV)          Car 0.10233225
#> 3 Battery Electric (BEV)      Minivan 0.06215965
#> 4 Battery Electric (BEV)       Pickup 0.05573484
#> 5 Battery Electric (BEV)          SUV 0.02428713
#> 6        Flex Fuel (E85)          CUV 0.06586182