Depreciation
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The depreciation of the value of a car is often the largest part of the cost of ownership, and ALG's Annual Residual Value Awards are a strong indication of how much a car will depreciate.
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The latest edition of Parker's annual depreciation report surveys 300 model ranges in the UK market, and lists their value in good condition with 10,000 miles on the clock one year later. Accordingly, the depreciation cost of one year for every model can be calculated.