Vehicle depreciation is a key factor in determining the total cost of vehicle ownership and consumer purchase behavior. This report examines how light-dutyvehicle residual values have evolved over time for conventional and advanced vehicle technologies, accounting for important factors such as market segment, size class, and country of assembly. Advancements in electric vehicle technology have led to plug-in vehicles exhibiting depreciation curves similar to those of conventional vehicles. This report compares two methods for determining depreciation trends (snapshot method and time-series method) in order to identify potential impacts on calculating vehicle total cost of ownership given differing data availability.