Auto Depreciation Data

[Seema Sharma]

I was asked to hunt down depreciation data for SUVs (for Hummer in
particular) in order to compare it to the gas prices data that is
already on Swivel. I have been unsuccessful in this endeavor: any ideas?

[Seema Sharma]

Mike said this:

Just brainstorming, but one way would be to go to a site that has
quoted prices for used cars of a certain model, like Kelley's blue
book. And get the price of Hummers for like 2005 model, 2004 model,
2003 model, etc. This might really indirectly correlate somehow with
the gas prices, because maybe (big maybe) certain years of hummers
years are more expensive or cheaper than others after taking into
account normal depreciation of cars that aren't gas guzzlers because
if gas prices were high that year, then there was less of a demand for
hummers that year. Really complicated, and I don't think it'll work.

Another method that's similar, more direct, but less easy to find data
for is to find data recording say 2005 used hummer prices in 2006,
2004 used hummer prices in 2005, etc. so that we don't have to do the
guess work on what the average depreciation of cars will be.

[hu...@swivel.com]

here's how i'd go about it.

1. find new price of a 2004 hummer
2. find the bluebook value of a 2004 hummer in 2005
3. ... in 2006
4. ... in 2007

the depreciation is the percent change between the prices from one
year to the next. you can probably find the bluebook values online.
if the prices between each years' models is significant enough, you'd
want to do this for each model year.

that'd be good data, though.

On Feb 9, 2:37 pm, Seema Sharma <s...@swivel.com> wrote:

[Seema Sharma]

I could only find the bluebook value of a 2004 hummer in 2007. How
could you find the value of it in say 2005 (since it is no longer 2005)?