Tag

Depreciation

All articles tagged with #depreciation

technology10 days ago•5 min saved

iPhone 17 Pro Max Climbs to No. 1 in Trade-In Rankings

SellCell data shows the iPhone 17 Pro Max has become the most traded-in smartphone, accounting for 11.5% of top-20 trade-ins by early February (up from 5.1% in late November). Most traded units are in mint or good condition. The 17 Pro Max depreciates about 7% less than the iPhone 16 Pro Max over 145 days, translating to roughly $95 more retained value, while mint-condition units average about $967.50 in resale. The top-20 devices represent about 47% of trade-in activity, with the iPhone 15 Pro Max and 14 Pro Max also remaining prominent. The trend suggests strong resale pricing amid broader economic factors.

via MacRumors|

#depreciation #iphone-17-pro-max #resale-value

business12 days ago•3 min saved

Off-Lease EV Surge Could Flood U.S. Market with Cheap Used Cars

A wave of off-lease EVs is about to hit the U.S. market thanks to IRA-driven subsidies and aggressive lease deals that made EVs cheap to lease; as 24–36 month leases expire, used-EV supply will surge, depressing prices in the near term with a peak around 2028, though the batteries typically hold up well and the glut could ultimately expand affordable EV adoption.

via The Drive|

#business #depreciation #ira

business22 days ago•5 min saved

GOP tax cuts shrink Amazon's tax bill even as profits surge

Republicans' tax cuts reduced Amazon's 2025 federal tax bill to about $1.2B from $9B the year before, driven mainly by generous depreciation allowances in the One Big Beautiful Bill and, to a lesser extent, expanded R&D breaks; the company reported a ~45% jump in profits to nearly $90B and paid roughly $2.75B in cash taxes, with no corporate AMT paid.

via Politico|

#amazon #business #corporate-taxes

business1 month ago•4 min saved

Chevrolet Corvette Defies Depreciation Trends, Only 12% Down After Five Years

KBB estimates the 2021 Corvette Stingray’s five-year resale value at about $53,600 in January 2026, roughly 12% below its $60,995 original price, signaling strong value retention for a sports car. Industry estimates vary widely: CarEdge foresees up to 44% depreciation for a new Corvette over five years, while iSeeCars puts traditional gas coupes at ~26% and convertibles up to 36%. Among rivals, the Porsche 911 holds value best (about 0.15% depreciation), with Lexus LC (~37%) and Audi R8 (~16%) showing different resale performance.

via Jalopnik|

#business #corvette #depreciation

automotive1 month ago•2 min saved

2020 BMW M2's 5-Year Depreciation Revealed

The 2020 BMW M2 has depreciated by only 28% over five years, with the M2 CS variant retaining value particularly well, making it a rare outlier among luxury cars which typically depreciate rapidly. Despite high initial prices, these models have shown strong resale value, especially the limited-edition CS, due to demand and performance appeal.

via Jalopnik|

#2020-model #automotive #bmw-m2

local-government-finance2 months ago•2 min saved

Virginia Man Warns Drivers Over Overvalued Van Appraisal

A Virginia man criticizes his county for overvaluing his vehicles for tax purposes, with assessments nearly matching original purchase prices despite typical depreciation, highlighting potential flaws in the vehicle valuation system amid rising used car prices.

via Yahoo Finance|

#depreciation #local-government-finance #tax-assessment

autos2 months ago•3 min saved

2020 Mazda Miata's 5-Year Depreciation Overview

The 2020 Mazda Miata has retained about 64% of its value after five years, with depreciation rates varying by trim, and it compares favorably to similar sports cars like the Toyota 86 and Subaru BRZ in terms of value retention.

via Jalopnik|

#autos #depreciation #mazda-miata

business5 months ago•1 min saved

CarMax Shares Drop 20% Amid Declining Used Car Market

CarMax experienced a significant drop in used car values this summer due to aggressive pricing by competitors, leading to a 6.3% decline in same-store sales and a 20% plunge in shares. The company faced a rapid $1,000 per vehicle depreciation over a month, amid shifting consumer preferences towards older, higher mileage vehicles and a challenging inflationary environment. Despite earlier price hikes driven by tariffs, prices have since fallen, prompting CarMax to lower retail margins and adjust strategies to remain competitive in a tough market.

via Axios|

#business #carmax #depreciation

automotive5 months ago•2 min saved

2023 BMW i7 xDrive60 Price Drop: From $131,945 to a Steal

A 2023 BMW i7 xDrive60, originally purchased for $131,945, was sold after two years for only $57,751, reflecting a 56% depreciation, which is common among electric vehicles due to rapid value loss.

via supercarblondie.com|

#automotive #bmw-i7 #car-resale

automotive5 months ago•2 min saved

Depreciation of a 3-Year-Old Ford Bronco

A three-year-old Ford Bronco depreciates about 36%, slightly better than the average 39% for new cars in the U.S., thanks to its high desirability, versatile configurations, and strong market demand, which help it retain value better than many other vehicles.

via Jalopnik|

#automotive #car-market #depreciation

business5 months ago•3 min saved

Top 5 Luxury Cars to Skip for Better Value

Experts warn that luxury cars like Land Rover, Maserati, and BMW often come with high maintenance costs and depreciation, making their monthly payments potentially not worth the true long-term ownership expenses. Buyers should consider total ownership costs beyond sticker price before purchasing luxury vehicles.

via GOBankingRates|

#business #depreciation #luxury-cars

auto5 months ago•3 min saved

Luxury Cars to Avoid in Retirement

The article advises retirees to avoid certain luxury vehicles like Land Rover Range Rover, Maserati Levante, Audi Q5, and Jaguar I-Pace due to high costs, poor reliability, rapid depreciation, and better alternatives, emphasizing the importance of choosing more dependable and cost-effective options for retirement.

via AOL.com|

#auto #depreciation #land-rover

business7 months ago•3 min saved

ChatGPT Reveals Which Luxury Cars to Avoid

GOBankingRates, with input from ChatGPT, highlights five luxury cars—Maserati Ghibli, Jaguar XF/XE, older BMW 7 Series, Range Rover (pre-2018), and Audi A8—that are not recommended due to high maintenance costs, reliability problems, and rapid depreciation, advising consumers to consider these factors before purchasing high-end vehicles.

via GOBankingRates|

#business #consumer-advice #costly-maintenance

finance8 months ago•15 min saved

US Dollar Faces Historic Decline in 2025 Amid Economic Pressures

The US dollar is experiencing its worst year in modern history, down over 7% and potentially falling another 10%, raising concerns about its role in the global financial system amid ongoing geopolitical and economic shifts.

via Semafor|

#currency #depreciation #finance

business1 year ago•2 min saved

Hertz Faces Financial Strain from Tesla EV Bet and Car Value Drop

Hertz Global Holdings Inc. reported a larger-than-expected quarterly loss due to its unsuccessful investment in Tesla electric vehicles and high depreciation costs. The company posted a $1 billion impairment charge and a 68-cent per share loss, exceeding analyst expectations. Hertz's stock fell 12% following the announcement, marking its fourth consecutive quarterly loss. The company's strategy to electrify its fleet backfired as Tesla EV prices dropped, leading to higher repair costs and lower leasing rates. Hertz plans to sell 30,000 EVs by year-end and aims to complete its fleet restructuring by 2025.

via Yahoo Finance|

#business #depreciation #electric-vehicles