Normally for car a year or less, the depriciation is around 15~20%, we must also need to compare vis-vis, new car price (ex insurance) and the second hand price. And to add for such depreciation is the new SE has come out with new, more cool feature such as double din stereo at a faction of price differential. And that's not the only factor, as in the interest rate differential of a new and second hand car, although some banks may consider it as in their 'new' car interest rate.