I’m thinking about buying a Ford Mustang but I want to ensure it’s a smart investment if I do. In case I want to sell it down the line, what is the depreciation rate of a Ford Mustang GT?
Answer:
While depreciation rates are often overlooked, they’re one of the most influential factors in determining the resale value of your vehicle. When it comes to the Ford Mustang GT
depreciation rate, you won’t have to worry. With a depreciation rate of 24% after five years, the Ford Mustang will maintain more of its value over time than most other vehicles on the market.
For comparison, most vehicles lose 10% of their value the minute they drive off the dealership lot, with 20% of their value lost in the first year. In 5 years, the average rate of depreciation is 40%.
With a depreciation rate as impressive as the Ford Mustangs, it’s difficult not to invest!