How many kilometers does the car fall? Critical threshold has been announced

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Lerato Khumalo

Automobile owners want to increase the value of their vehicles forever, but the realities of life are not like that. So, how many kilometers of your car start to fall?

In the second -hand vehicles, there are analyzes on what is the most important threshold that causes thousands of pounds of loss and how to reach certain values ​​affect the depreciation of the mileage indicator.

According to my economy; A London -based vehicle sales platform examined the vehicle value data obtained from second -hand cars.

The value of any car falls instantly when it comes out of the garage, while the mileage meter takes the first big blow after exceeding16,000 kilometers. After this mileage step, the value of the vehicle decreases by about 22 percent.

However, the largest percentage loss emerges when a vehicle exceeds approximately 32,000 kilometers, and compared to the value of 16,000 kilometers, an average of 24 percent decreases.

After this point, each additional 16,000 kilometers causes a decrease of 17 percent to 18 percent in value. This makes the kilometer one of the most critical factors in determining the value of a car.

In the study, it was found that if a vehicle traveled more than 96,000 kilometers, its value decreased by an average of 64 percent. The next big decline is experienced by the mileage counter reaching six households, ie 100,000 kilometers.

When it increases from 160,000 kilometers to 177,000 kilometers, the value decreases by 19 percent; This means an average loss of 879 pounds, ie a loss of approximately 40 thousand TL.

There are many factors that affect the value of a vehicle; The model, like changes made… However, mileage is one of the main factors that will always have a great impact regardless of model differences.

One of the surprising findings of the study is that gasoline vehicles are the fastest depreciation, and electric vehicles are opposed to this trend.

According to the report, an average gasoline vehicle lost 38 percent of its value at the end of 48,000 kilometers, while electric vehicles this rate was only 26 percent.