Thread: depreciate
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Old 10-05-2016, 03:58 AM
Bernadette1 Bernadette1 is offline
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Quote:
Originally Posted by guitarguy View Post
How much does a new golf cart depreciate when it is sold? Is there a rule of thumb for subsequent years?
I am beginning to looking at used carts and trying to determine approximate values. I am sure brand does matter so how about a Yamaha?
The closer you get to season, the more costly a used cart will be. It is advisable to get a GAS cart, and a Yamaha is a good make. I know that you should expect to pay between 2,800 to 3,500 for a decent cart and expect it to be about 10+ years old at that price. I would stay away from anything electric because The Villages is too big to expect to use it for an entire day without a charge... batteries are incredibly expensive ($600) and need replacing 3-4.5 years. Check Craigslist often for new listings, look for Estate Sales where everything goes... Wouldn't recommend going to The Villages Golf Carts for a used cart, they are way overpriced. Good Luck, hope that helps...