Golf Cart Depreciation: How Much Value Do They Lose Per Year?
Golf carts lose value. Everything does. But here's what surprises most people: they don't depreciate nearly as fast as regular vehicles.
A well-maintained golf cart can hold 60-70% of its original value after five years. Try that with a new car. You can't.
Whether you're looking at electric or gas-powered carts, the depreciation curve is gentler than you'd expect. Good news if you're buying ...