depreciate

depreciate

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depreciate
  #1  
Old 09-11-2016, 04:02 PM
guitarguy guitarguy is offline
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Default depreciate

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?

  #2  
Old 09-12-2016, 06:53 PM
Frank7's Avatar
Frank7 Frank7 is offline
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Location: Village of Caroline
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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.
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