Although a used vehicle will depreciate at a slower rate than a new vehicle, it could still depreciate $10,450 to a value of $44,550 by the end of the first year.<table class='pure-table'><tr><th scope="col">Beginning of Year</th><th scope="col">Total Depreciation Amount</th><th scope="col">Remaining Value</th><th scope="col">Depreciation Percentage</th></tr><tr><td>1</td><td>$0</td><td>$55,000</td><td>100.00%</td></tr><tr><td>2</td><td>10,450</td><td>44,550</td><td>81.00%</td></tr><tr><td>3</td><td>17,050</td><td>37,950</td><td>69.00%</td></tr><tr><td>4</td><td>23,100</td><td>31,900</td><td>58.00%</td></tr><tr><td>5</td><td>28,050</td><td>26,950</td><td>49.00%</td></tr><tr><td>6</td><td>33,000</td><td>22,000</td><td>40.00%</td></tr></table> <div id="chart1Container">Chart will load here</div> <script type="text/javascript"> <!-- var myChart1 = new FusionCharts( "MSColumn2D", "myChart1Id", "100%", "100%", "0", "1" ); myChart1.setXMLData("<chart showValues='0' showFCMenuItem='0' decimals='0' formatNumberScale='0' caption='Depreciation Schedule' xAxisName='Beginning of Year' numberPrefix='$' bgColor='FFFFFF' showBorder='1' borderColor='FFFFFF' borderThickness='1' canvasBgColor='ffffff' showAlternateHGridColor='0' plotGradientColor='' yAxisName='Value' numberSuffix='' thousandSeparator=',' decimalSeparator='.'><categories><category label='1' /><category label='2' /><category label='3' /><category label='4' /><category label='5' /><category label='6' /></categories><dataset seriesName=''><set value='55000.0' /><set value='44550.0' /><set value='37950.0' /><set value='31900.0' /><set value='26950.0' /><set value='22000.0' /></dataset></chart>"); // --> </script>