depreciate

[guitarguy]

How much does a new golf cart depreciate when it is sold.
I looking at used cart and trying to determine approximate values. I am sure brand does matter so how about a Yamaha?

[Frank7]

The golf cart market is not much different than automotive when it comes to depreciation. When you accessorise a new golf cart
it's all about your choices regarding color, wheels, upholstery and enclosure. When you trade one in the dealer needs to consider
that he/she must find a buyer that appreciates your choices and that is a give and take for price negotiations.
If you trade your cart in two years you most likely should expect a value loss of 30 to 50% and yes brand does matter along with care and condition. Be careful of putting lipstick on a pig.