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Automotive Depreciation (BMW z4)

Ever wonder what time of year is the best to buy a car? Or what model year best helps you buy after depreciation has most impacted price? This Trendy offers example for this use scenario for the BMW z4 in "very good" condition. source: kbb.com

Plot Image
% KBB.com BMW z4 "Very Good", all years
%   time vector is: time1768
%   data vector is: data1768
plot(time1768,data1768);
datetick
title('BMW z4 price by model year at kbb.com for Natick, MA');
xlabel('Date');
ylabel('Price ($)');
foo = legend('2011','2010','2009','2008','2007','2006','2005','2004','2003');

set(gca,'YTick',[5000 10000 20000 30000 40000 50000]);
set(gca,'YTickLabel','$5k|$10k|$20k|$30k|$40k|$50k');
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1 comment

I so look forward to seeing how this trends. Thanks Bob!