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Most plug-in electric vehicles will depreciate more dramatically over five years than their conventional gasoline counterparts, according to a new report from Kelley Blue Book via USA Today.
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Black Book’s recent overview of depreciation rates found that full-size cargo vans held their value in August, performing the best in terms of retention value, and that compact crossovers fell to the bottom of the pack, seeing the highest depreciation rate.
Read More →Key factors affecting prices beyond the model-year changeover are a larger number of trade-ins, with 60 percent of new-car sales involving one, according to Black Book, and a greater supply of off-lease models.
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When the recession hit in 2008, instead of increasing the lifecycle of its medium- and heavy-duty trucks, Joy Global began shortcycling.
Read More →In North America, depreciation is generally the largest operating expense for a vehicle fleet. Fleet managers must know what depreciation is, how it is applied, and how a corporate fleet program influences this key cost driver.
Read More →WASHINGTON - The U.S. Senate recently passed legislation that will allow businesses to depreciate up to 50 percent of the cost of the asset in the first year it is placed in service.
Read More →The cost of ownership value takes into account depreciation, fees and taxes, financing, insurance, fuel, maintenance and repairs over a five-year period.
Read More →According to industry analysts, most vehicle segments increased in vehicle depreciation in 2009 due to such factors as extended replacement cycling, shifts in the wholesale vehicle market, and higher capitalized vehicle costs.
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Downsizing to a smaller truck or van can improve your total cost — if you can afford the downgrade in capabilities.
Read More →Full-size pickups had the third-highest percentage of retained value for August.
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