Depreciation for a vehicle in Pakistan

[baseer4223]

Do cars lose its value in Pakistan? what is the depreciation rate for different vehicles in Pakistan? We have multiple examples. someone buying a car for 2 million sells it after a year for 2.3 million. someone selling a corolla after 10 years for 1 lac profit etc. when does the depreciation for a vehicle comes into play. The inflation factor does play its role but still, how can we calculate the depreciation cost over the years for a vehicle?

[azfarnb]

rs lose its value in Pakistan? what is the depreciation rate for different vehicles in Pakistan? We have multiple examples. someone buying a car for 2 million sells it after a year for 2.3 million. someone selling a corolla after 10 years for 1 lac profit etc

Safe to assume corolla's don't lose their value for first two years so does City's. I've heard the civic 1.8 variants lose their value quicker. Basically, any market ki gari does not seem to lose its market value for the first two years of purchase and can be sold on the invoice price if not more.