Understand how car depreciation works and why buying a used car can be a financially sound decision, saving you money on your next vehicle ...

All cars depreciate as wear and tear, market demand, subsequent redesigns and economic forecasts reduce the value of a particular vehicle over time. In fact, the simple act of driving off the dealer’s ...

Recoverable depreciation is only applicable for replacement cost value (RCV) policies and allows policyholders to recoup the difference between the actual cash value (ACV) and RCV, after providing ...

A lot of gearheads will tell you not to worry about depreciation. You buy a car to enjoy it, and you shouldn't be worried about saving some mileage for the next guy. Words of wisdom if you've found ...

Most tangible assets lose value over time. Equipment wears out, buildings require regular maintenance and upkeep, and computers become obsolete. To reflect the steady loss of value in capital assets, ...

Philip Gelderblom has been writing professionally since the '90s. He has written mainly content on a freelance basis, including about cars, future cars, EVs, hybrids and hydrogen cars, self-driving ...

As we enter the beginning of 2025, bonus depreciation continues to leverage down as more portions of the Tax Cuts and Jobs Act expire. Bonus depreciation was one of the significant provisions in the ...