Car depreciation: How much is new car worth after purchase in Uzbekistan?

Depreciation of a car is a decrease in its value over time. World practice shows that depreciation depends on the car model, make, content and other factors, but depreciation of a new car can reach 20% (or even more) after purchase. In the local market of Uzbekistan due to shortage of supply budget cars, the demand is high. UzAuto Motors is only budget car manufacturer in the country. At the end of November 2023, in the secondary market offer price of new cars is less than one in the primary market. In this article this case was analyzed, calculated the real paying price (in USD) of UzAuto Motors cars (Onix PR2) considering waiting time. It is found that nowadays people cannot make profit from resale.

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