Depreciation
By Nationwidevehiclecontracts.co.uk
What is depreciation?
Depreciation is the difference between the amount you spend
when you buy a vehicle and the amount yo...
What does ‘residual value’ mean?
The residual value of a car or van is how much the vehicle is
expected to be worth by the...
Does depreciation mean it is better to
lease?
Leasing cars allows you to manage depreciation costs and
minimise the risks ...
What influences depreciation values?
• Age
• Fuel Efficiency
• New model releases
• Supply and demand
• Mileage
• Conditio...
Ways to minimise depreciation
• Choose the right car; one that is more likely to stand the test
of time
• Look after your ...
Taking out a business or personal contract hire agreement means
you don't have to worry about how much the car or van will...
Looking for further information?
Check out the full guide here:
http://www.nationwidevehiclecontracts.co.uk/guides/vehicle...
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Nationwide Vehicle Contracts - Vehicle Depreciation

A guide to vehicle depreciation from Nationwide Vehicle Contracts. View the full guide here: http://www.nationwidevehiclecontracts.co.uk/guides/vehicle-depreciation?type=business
Published on: Mar 3, 2016
Published in: Automotive      
Source: www.slideshare.net


Transcripts - Nationwide Vehicle Contracts - Vehicle Depreciation

  • 1. Depreciation By Nationwidevehiclecontracts.co.uk
  • 2. What is depreciation? Depreciation is the difference between the amount you spend when you buy a vehicle and the amount you receive when you sell it.
  • 3. What does ‘residual value’ mean? The residual value of a car or van is how much the vehicle is expected to be worth by the time it comes to be replaced.
  • 4. Does depreciation mean it is better to lease? Leasing cars allows you to manage depreciation costs and minimise the risks of big repair bills. As part of your leasing contract, you have to pay a fixed monthly cost, which could include servicing
  • 5. What influences depreciation values? • Age • Fuel Efficiency • New model releases • Supply and demand • Mileage • Condition of the vehicle
  • 6. Ways to minimise depreciation • Choose the right car; one that is more likely to stand the test of time • Look after your vehicle properly: – Keep the car clean and well maintained – Reduce unnecessary journeys – Service your car accordingly – Carry out repairs quickly and properly
  • 7. Taking out a business or personal contract hire agreement means you don't have to worry about how much the car or van will depreciate. If you're interested in leasing a vehicle, search our huge catalogue of brand new vehicles, or give us a call on 0844 482 9595 to discuss your options.
  • 8. Looking for further information? Check out the full guide here: http://www.nationwidevehiclecontracts.co.uk/guides/vehicle- depreciation?type=personal Ask us a question? facebook.com/NationwideVehicleContracts ----------------- twitter.com/car_lease ----------------- plus.google.com/+nationwidevehiclecontracts