DOI
https://doi.org/10.47689/2181-1415-vol4-iss10/S-pp285-290Keywords
сar depreciation / UzAuto Motors / new car / real price / Onix PR2Abstract
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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References
Gary Wollenhaupt, Jenn Jones. What is car depreciation? From URL https://www.lendingtree.com/auto/how-much-do-new-cars-depreciate/
David Floyd. 10 Common Effects of Inflation from URL https://www.investopedia.com/articles/insights/122016/9-common-effects-inflation.asp.
Exchange rate from URL https://cbu.uz/oz/arkhiv-kursov-valyut/.
Price of new cars from URL http://savdo.uzavtosanoat.uz/#/main.
Ads from URL http://www.olx.uz.
Purchase contract between UzAuto Motors and customer.
Uzbekistan lowers car import taxes from URL https://daryo.uz/en/2023/06/18/import-fees-are-cut-down-for-certain-cars-in-uzbekistan.
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Copyright (c) 2023 Алохон Худойбердиев (Автор)
This work is licensed under a Creative Commons Attribution 4.0 International License.