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The average price of a used vehicle for model years 2011-2015 depreciated 1.7% in June, following light depreciation in May. These vehicles fell 15.4% in value from year-ago-levels, according to Black Book.
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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 →Black Book released a report on depreciation rates for the month of June, noting that compact cars lead the pack in terms of depreciation for the month.
Read More →WASHINGTON – The IRS has published updated guidelines for 2011 for inflation-adjusted depreciation limits and lease inclusion amounts for passenger vehicles.
Read More →Subaru and BMW are recognized for having the best resale value in the brand and luxury brand categories, respectively. Ford, Toyota and Honda each received three awards in the individual vehicle categories.
Read More →Three year old used cars depreciated less in the three month period ending May 1, 2008 than in the previous three month period, which ended April 1, 2008, according to Black Book.
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Most vehicles depreciate quickest in their first two years. However, we’ve found some models whose net monthly depreciation is greater in later months. These models are candidates for short cycling.
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Here’s a look at how four different fleet personnel manage their company’s vehicle selection process.
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Not always. We studied different makes and models that disprove the prevailing wisdom.
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There are many ways a business can save taxes with its vehicles through proper planning and using the law to its advantage. Copy this article for your CPA!
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