Report Abuse. Hello, Yes, 'biannual' means twice a year. It is biennial (note the spelling is ONE letter different!!!) that means every two years. You can also use the term semi-annual for twice a year. Now I was ready to tell you different and then I looked it up in this source: http://www.bartleby.com/68/34/834.html. This is always a great source for many language questions: www.bartleby.com --I was using the 'usage' section for this question.
Fortunately, depreciation does not continue at this rate, but it is still faster for new cars than for old ones. On average, a new car will lose as much as 19 percent of its value in its first year of ownership. That means that your $20,000 new car will be worth about $16,200 after just one year. With each successive year, the rate of depreciation decreases significantly. Check out the car depreciation chart to see how a new car may decrease in value over the first five years.
Last month, the sales-weighted average new vehicle sticker price was $30,371, $268 higher than in September 2004 and $704 higher than in October 2003. The sales-weighted average net price was $25,750, $933 higher than in September 2004 and $518 higher than in October 2003. Average discount from MSRP to net price was $4,621 or 15.2%, down from $5,287 in September 2004. In October 2004, average discount from MSRP to net price for the 2004 model year vehicles was $5,970.