{"id":29284,"date":"2022-04-21T10:30:01","date_gmt":"2022-04-21T02:30:01","guid":{"rendered":"https:\/\/bjak.my\/blog\/?p=29284"},"modified":"2025-11-05T17:03:12","modified_gmt":"2025-11-05T09:03:12","slug":"car-depreciation-how-is-your-car-value-calculated","status":"publish","type":"post","link":"https:\/\/bjak.my\/blog\/info\/car-depreciation-how-is-your-car-value-calculated","title":{"rendered":"Car Depreciation: How Is Your Car Value Calculated?"},"content":{"rendered":"\n<p>Do you intend to sell your old car? If so, it is important for you to learn how a car depreciation works and how it will affect your car&#8217;s resale value. <\/p>\n\n\n\n<p>In this artice, we will explain the car depreciation factors and what can you do to improve it.<\/p>\n\n\n\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_50 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title\">Contents =<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\" role=\"button\"><label for=\"item-69d85220c03bc\" aria-hidden=\"true\"><span style=\"display: flex;align-items: center;width: 35px;height: 30px;justify-content: center;direction:ltr;\"><svg style=\"fill: #999999;color:#999999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999999;color:#999999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/label><input  type=\"checkbox\" id=\"item-69d85220c03bc\"><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/bjak.my\/blog\/info\/car-depreciation-how-is-your-car-value-calculated\/#What_does_the_rate_of_car_depreciation_mean\" title=\"What does the rate of car depreciation mean?\">What does the rate of car depreciation mean?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/bjak.my\/blog\/info\/car-depreciation-how-is-your-car-value-calculated\/#Average_depreciation_rate_of_a_car\" title=\"Average depreciation rate of a car\">Average depreciation rate of a car<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/bjak.my\/blog\/info\/car-depreciation-how-is-your-car-value-calculated\/#Tips_to_keep_down_the_depreciation_rate_of_a_car\" title=\"Tips to keep down the depreciation rate of a car\">Tips to keep down the depreciation rate of a car<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/bjak.my\/blog\/info\/car-depreciation-how-is-your-car-value-calculated\/#Take_better_care_to_minimise_your_car_depreciation\" title=\"Take better care to minimise your car depreciation\">Take better care to minimise your car depreciation<\/a><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"What_does_the_rate_of_car_depreciation_mean\"><\/span>What does the rate of car depreciation mean?<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<figure class=\"wp-block-image size-large\"><img data-attachment-id=\"29419\" data-permalink=\"https:\/\/bjak.my\/blog\/info\/car-depreciation-how-is-your-car-value-calculated\/attachment\/photo6269135815628140496\" data-orig-file=\"https:\/\/i0.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2022\/04\/photo6269135815628140496.jpg?fit=1080%2C1080&amp;ssl=1\" data-orig-size=\"1080,1080\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"photo6269135815628140496\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2022\/04\/photo6269135815628140496.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2022\/04\/photo6269135815628140496.jpg?fit=1024%2C1024&amp;ssl=1\" loading=\"lazy\" width=\"1024\" height=\"1024\" src=\"https:\/\/i0.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2022\/04\/photo6269135815628140496.jpg?resize=1024%2C1024&#038;ssl=1\" alt=\"What does the rate of car depreciation mean?\" class=\"wp-image-29419\" srcset=\"https:\/\/i0.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2022\/04\/photo6269135815628140496.jpg?resize=1024%2C1024&amp;ssl=1 1024w, https:\/\/i0.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2022\/04\/photo6269135815628140496.jpg?resize=300%2C300&amp;ssl=1 300w, https:\/\/i0.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2022\/04\/photo6269135815628140496.jpg?resize=150%2C150&amp;ssl=1 150w, https:\/\/i0.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2022\/04\/photo6269135815628140496.jpg?resize=768%2C768&amp;ssl=1 768w, https:\/\/i0.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2022\/04\/photo6269135815628140496.jpg?w=1080&amp;ssl=1 1080w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" data-recalc-dims=\"1\" \/><\/figure>\n\n\n\n<p>Car depreciation is the difference in the value of a car between the time you purchase and when you sell it. It refers to the amount of car value an owner will lose over time. <\/p>\n\n\n\n<p>Your car starts to depreciate after you receive it from the dealer!<\/p>\n\n\n\n<p>Many factors may contribute to a car depreciation, but it is most likely due to natural wear and tears. A car that has been regularly used will lower the current car market value. <\/p>\n\n\n\n<h2><span class=\"ez-toc-section\" id=\"Average_depreciation_rate_of_a_car\"><\/span>Average depreciation rate of a car<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>The value of new cars decreases faster than used cars regardless of the model or brand. You may refer to the visual below to see how a car&#8217;s depreciation is counted.<\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img data-attachment-id=\"29427\" data-permalink=\"https:\/\/bjak.my\/blog\/info\/car-depreciation-how-is-your-car-value-calculated\/attachment\/photo6271387615441826069\" data-orig-file=\"https:\/\/i0.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2022\/04\/photo6271387615441826069.jpg?fit=1080%2C1080&amp;ssl=1\" data-orig-size=\"1080,1080\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"photo6271387615441826069\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i0.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2022\/04\/photo6271387615441826069.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i0.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2022\/04\/photo6271387615441826069.jpg?fit=1024%2C1024&amp;ssl=1\" loading=\"lazy\" width=\"1024\" height=\"1024\" src=\"https:\/\/i0.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2022\/04\/photo6271387615441826069.jpg?resize=1024%2C1024&#038;ssl=1\" alt=\"\" class=\"wp-image-29427\" srcset=\"https:\/\/i0.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2022\/04\/photo6271387615441826069.jpg?resize=1024%2C1024&amp;ssl=1 1024w, https:\/\/i0.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2022\/04\/photo6271387615441826069.jpg?resize=300%2C300&amp;ssl=1 300w, https:\/\/i0.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2022\/04\/photo6271387615441826069.jpg?resize=150%2C150&amp;ssl=1 150w, https:\/\/i0.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2022\/04\/photo6271387615441826069.jpg?resize=768%2C768&amp;ssl=1 768w, https:\/\/i0.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2022\/04\/photo6271387615441826069.jpg?w=1080&amp;ssl=1 1080w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" data-recalc-dims=\"1\" \/><\/figure>\n\n\n\n<p>Here are example of calculation that can depict roughly how much depreciation will cost you for a five-year-old car:<\/p>\n\n\n\n<p><strong>Calculation of a Perodua Myvi<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img data-attachment-id=\"29420\" data-permalink=\"https:\/\/bjak.my\/blog\/info\/car-depreciation-how-is-your-car-value-calculated\/attachment\/photo6269135815628140495\" data-orig-file=\"https:\/\/i2.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2022\/04\/photo6269135815628140495.jpg?fit=1080%2C1080&amp;ssl=1\" data-orig-size=\"1080,1080\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"photo6269135815628140495\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i2.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2022\/04\/photo6269135815628140495.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i2.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2022\/04\/photo6269135815628140495.jpg?fit=1024%2C1024&amp;ssl=1\" loading=\"lazy\" width=\"1024\" height=\"1024\" src=\"https:\/\/i2.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2022\/04\/photo6269135815628140495.jpg?resize=1024%2C1024&#038;ssl=1\" alt=\"Depreciation rate calculation of a Perodua Myvi\" class=\"wp-image-29420\" srcset=\"https:\/\/i2.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2022\/04\/photo6269135815628140495.jpg?resize=1024%2C1024&amp;ssl=1 1024w, https:\/\/i2.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2022\/04\/photo6269135815628140495.jpg?resize=300%2C300&amp;ssl=1 300w, https:\/\/i2.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2022\/04\/photo6269135815628140495.jpg?resize=150%2C150&amp;ssl=1 150w, https:\/\/i2.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2022\/04\/photo6269135815628140495.jpg?resize=768%2C768&amp;ssl=1 768w, https:\/\/i2.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2022\/04\/photo6269135815628140495.jpg?w=1080&amp;ssl=1 1080w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" data-recalc-dims=\"1\" \/><figcaption>Price of a brand new car: RM 54,600<\/figcaption><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img data-attachment-id=\"29423\" data-permalink=\"https:\/\/bjak.my\/blog\/info\/car-depreciation-how-is-your-car-value-calculated\/attachment\/photo6269135815628140585\" data-orig-file=\"https:\/\/i1.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2022\/04\/photo6269135815628140585.jpg?fit=1080%2C1080&amp;ssl=1\" data-orig-size=\"1080,1080\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"photo6269135815628140585\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i1.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2022\/04\/photo6269135815628140585.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i1.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2022\/04\/photo6269135815628140585.jpg?fit=1024%2C1024&amp;ssl=1\" loading=\"lazy\" width=\"1024\" height=\"1024\" src=\"https:\/\/i1.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2022\/04\/photo6269135815628140585.jpg?resize=1024%2C1024&#038;ssl=1\" alt=\"\" class=\"wp-image-29423\" srcset=\"https:\/\/i1.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2022\/04\/photo6269135815628140585.jpg?resize=1024%2C1024&amp;ssl=1 1024w, https:\/\/i1.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2022\/04\/photo6269135815628140585.jpg?resize=300%2C300&amp;ssl=1 300w, https:\/\/i1.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2022\/04\/photo6269135815628140585.jpg?resize=150%2C150&amp;ssl=1 150w, https:\/\/i1.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2022\/04\/photo6269135815628140585.jpg?resize=768%2C768&amp;ssl=1 768w, https:\/\/i1.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2022\/04\/photo6269135815628140585.jpg?w=1080&amp;ssl=1 1080w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" data-recalc-dims=\"1\" \/><\/figure>\n\n\n\n<p><strong>Calculation of a Honda City 1.5 L V<\/strong><\/p>\n\n\n\n<figure class=\"wp-block-image size-large\"><img data-attachment-id=\"29421\" data-permalink=\"https:\/\/bjak.my\/blog\/info\/car-depreciation-how-is-your-car-value-calculated\/attachment\/photo6269135815628140498\" data-orig-file=\"https:\/\/i2.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2022\/04\/photo6269135815628140498.jpg?fit=1080%2C1080&amp;ssl=1\" data-orig-size=\"1080,1080\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"photo6269135815628140498\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i2.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2022\/04\/photo6269135815628140498.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i2.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2022\/04\/photo6269135815628140498.jpg?fit=1024%2C1024&amp;ssl=1\" loading=\"lazy\" width=\"1024\" height=\"1024\" src=\"https:\/\/i2.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2022\/04\/photo6269135815628140498.jpg?resize=1024%2C1024&#038;ssl=1\" alt=\"Depreciation Rate Calculation of a Honda City 1.5 L V\" class=\"wp-image-29421\" srcset=\"https:\/\/i2.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2022\/04\/photo6269135815628140498.jpg?resize=1024%2C1024&amp;ssl=1 1024w, https:\/\/i2.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2022\/04\/photo6269135815628140498.jpg?resize=300%2C300&amp;ssl=1 300w, https:\/\/i2.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2022\/04\/photo6269135815628140498.jpg?resize=150%2C150&amp;ssl=1 150w, https:\/\/i2.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2022\/04\/photo6269135815628140498.jpg?resize=768%2C768&amp;ssl=1 768w, https:\/\/i2.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2022\/04\/photo6269135815628140498.jpg?w=1080&amp;ssl=1 1080w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" data-recalc-dims=\"1\" \/><figcaption>Price of a brand new car: RM RM 86,221<\/figcaption><\/figure>\n\n\n\n<figure class=\"wp-block-image size-large\"><img data-attachment-id=\"29424\" data-permalink=\"https:\/\/bjak.my\/blog\/info\/car-depreciation-how-is-your-car-value-calculated\/attachment\/photo6269135815628140586\" data-orig-file=\"https:\/\/i1.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2022\/04\/photo6269135815628140586.jpg?fit=1080%2C1080&amp;ssl=1\" data-orig-size=\"1080,1080\" data-comments-opened=\"0\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"photo6269135815628140586\" data-image-description=\"\" data-image-caption=\"\" data-medium-file=\"https:\/\/i1.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2022\/04\/photo6269135815628140586.jpg?fit=300%2C300&amp;ssl=1\" data-large-file=\"https:\/\/i1.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2022\/04\/photo6269135815628140586.jpg?fit=1024%2C1024&amp;ssl=1\" loading=\"lazy\" width=\"1024\" height=\"1024\" src=\"https:\/\/i1.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2022\/04\/photo6269135815628140586.jpg?resize=1024%2C1024&#038;ssl=1\" alt=\"\" class=\"wp-image-29424\" srcset=\"https:\/\/i1.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2022\/04\/photo6269135815628140586.jpg?resize=1024%2C1024&amp;ssl=1 1024w, https:\/\/i1.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2022\/04\/photo6269135815628140586.jpg?resize=300%2C300&amp;ssl=1 300w, https:\/\/i1.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2022\/04\/photo6269135815628140586.jpg?resize=150%2C150&amp;ssl=1 150w, https:\/\/i1.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2022\/04\/photo6269135815628140586.jpg?resize=768%2C768&amp;ssl=1 768w, https:\/\/i1.wp.com\/bjak.my\/blog\/wp-content\/uploads\/2022\/04\/photo6269135815628140586.jpg?w=1080&amp;ssl=1 1080w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" data-recalc-dims=\"1\" \/><\/figure>\n\n\n\n<h2><span class=\"ez-toc-section\" id=\"Tips_to_keep_down_the_depreciation_rate_of_a_car\"><\/span>Tips to keep down the depreciation rate of a car<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>Depreciation is meant to happen no matter how careful you are in taking care of your car. But that does not mean that you cannot minimise the depreciation rate.<\/p>\n\n\n\n<p>Here we share the contributing factors that can accelerate the depreciation rate of cars in the market and ways to reduce your car&#8217;s resale value.<\/p>\n\n\n\n<ul><li>Mileage<\/li><\/ul>\n\n\n\n<p>High mileage&nbsp;means it has been used through and through. The estimated mileage for a year is around 10,000 \u2013 12,000 km.<\/p>\n\n\n\n<p>You are advised to keep mileage readings low if you intend to sell your car later.<\/p>\n\n\n\n<ul><li>Car condition<\/li><\/ul>\n\n\n\n<p>Each damage, scratch, or dent on your car gives your prospective buyers a chance to bring the price down by hundreds if not thousands. This applies to the vehicle\u2019s body, interior, and exterior features.<\/p>\n\n\n\n<p>Look after your car and repair any damage as soon as possible. Try to minimise the damage and practice safe driving to avoid unnecessary incidents. <\/p>\n\n\n\n<ul><li>Service history<\/li><\/ul>\n\n\n\n<p>It is advisable to keep your maintenance records and papers until the end.<\/p>\n\n\n\n<p>Your service records will help you to prove that it has been serviced according to the schedules required; ensuring its good upkeep. Buyers are more than willing to offer extra money for a car with a well-maintained history.<\/p>\n\n\n\n<p>Remember to keep all your car documents including service records and receipts safe and in one place.<\/p>\n\n\n\n<ul><li>Keep the interior and exterior clean<\/li><\/ul>\n\n\n\n<p>A well-kept and clean-looking car will appeal to buyers more. Potential buyers will decide on the price offer based on the appearance of your car.<\/p>\n\n\n\n<p>A regular wash, coating, and vacuuming will do wonders for your car in the long run.<\/p>\n\n\n\n<h2><span class=\"ez-toc-section\" id=\"Take_better_care_to_minimise_your_car_depreciation\"><\/span>Take better care to minimise your car depreciation<span class=\"ez-toc-section-end\"><\/span><\/h2>\n\n\n\n<p>If you are looking to sell your car to buy a new one, we recommend you to take these depreciation factors in account. Understanding how depreciation works is crucial as it could help you save thousands of Ringgit down the road.<\/p>\n\n\n\n<p>We hope you find this article helpful as your reference in the future!<\/p>\n\n\n\n<hr class=\"wp-block-separator\"\/>\n\n\n\n<p><em><strong>Bjak is&nbsp;<a href=\"https:\/\/www.nst.com.my\/lifestyle\/bots\/2020\/10\/634003\/compare-widest-range-car-insurance-zero-hassle-online-platform#:~:text=BJAK.MY%20is%20the%20pioneer,purchase%20new%20car%20insurance%20packages.\">one of Malaysia\u2019s largest car insurance comparison platforms<\/a>&nbsp;that offers 15 insurance brands. Get&nbsp;<a href=\"https:\/\/bjak.my\/en?utm_source=blog&amp;utm_medium=ad&amp;utm_campaign=blogen\">free car insurance quotes online<\/a>&nbsp;at Bjak.my and&nbsp;<a href=\"https:\/\/bjak.my\/blog\/how-to-renew-car-insurance\/#Renew_car_insurance_online_through_insurance_comparison_sites\">renew your car insurance online<\/a>&nbsp;in just 5 minutes.<\/strong><\/em><\/p>\n\n\n\n<div class=\"wp-container-1 wp-block-buttons\">\n<div class=\"wp-block-button\"><a class=\"wp-block-button__link\" href=\"https:\/\/bjak.my\/en?utm_source=google&amp;utm_medium=cpc&amp;utm_campaign=gg_bjak-insurance_sem_brd_phrase&amp;utm_content=bijak%20malaysia&amp;gclid=EAIaIQobChMI7OKnmPbG9gIVbpJmAh0eAQUjEAAYASAAEgL1ivD_BwE\">Get A Quote<\/a><\/div>\n<\/div>\n\n\n\n<p><\/p>\n\n\n\n<p><strong>Also read:<\/strong><\/p>\n\n\n\n<ul><li><a href=\"https:\/\/bjak.my\/blog\/4-things-that-can-kill-your-car-resale-value\/\">4 Things That Can Kill Your Car Resale Value<\/a><\/li><li><a href=\"https:\/\/bjak.my\/blog\/car-sum-insured-market-value-vs-agreed-value\/#Market_Value_vs_Agreed_Value\">Car Sum Insured: Market Value vs Agreed Value<\/a><\/li><\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Car depreciation is the difference between a car\u2019s value when you buy it and when you come to sell it. <\/p>\n<p>Read to learn the contributing factors and tips to minimise the depreciation.<\/p>\n","protected":false},"author":7,"featured_media":29418,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"neve_meta_sidebar":"","neve_meta_container":"","neve_meta_enable_content_width":"","neve_meta_content_width":0,"neve_meta_title_alignment":"","neve_meta_author_avatar":"","neve_post_elements_order":"","neve_meta_disable_header":"","neve_meta_disable_footer":"","neve_meta_disable_title":"","spay_email":""},"categories":[1],"tags":[1655,1656,59],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v18.8 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Car Depreciation: How Is Your Car Value Calculated? | BJAK<\/title>\n<meta name=\"description\" content=\"Car depreciation is the difference between a car\u2019s value when you buy it and when you come to sell it. 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