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Depreciation value of a minitruck

Depreciation doesn’t occur in mini trucks as fast as they do in regular cars. They’re typically more rugged and durable. Depreciation is one cost factor that new and used mini truck buyers don’t pay much attention to. During the first year of purchasing a new mini-truck, the value typically drops 30%. Every year after that, it drops at least 5%, per year. Within the next 3 years that follow the first year, there’s a potential loss of only 15% value. In fact, you may lose more in the first year than the next 5 years combined. Also point to be noted is that used mini trucks can sometimes be as reliable as new mini trucks. Ideally, most mini truck dealers will offer a transferable warranty to cover the truck for many years.