#depreciation
#depreciation

Cars

EVs Have The Lowest Fuel And Maintenance Costs, But Depreciation Sucks: AAA

EVs have the lowest fuel and maintenance costs, but high insurance and depreciation can offset savings.

Larger EVs remain the most affordable in terms of ownership costs. [ more ]

InsideEVs

Tech industry

Barely Used Lucid Air EVs Are Selling For Less Than Half Their Original MSRP

The Lucid Air experiences significant depreciation, affecting resale value dramatically within just two years.

High-cost electric vehicles like the Lucid Air see steep drops in value despite low mileage. [ more ]

WIRED

Cars

EVs Are Losing Up to 50 Percent of Their Value in One Year

Many electric cars are depreciating rapidly, with some losing 50% of their value in one year.

Owners reselling their electric vehicles might face severe financial losses. The used market is filled with deals due to steep depreciation. [ more ]

www.nytimes.com

Cars

Hertz Will Sell Electric Cars After Being Burned by Tesla's Price Cuts

Hertz is selling one-third of its electric vehicles due to faster depreciation and higher repair costs.

The decision to sell the electric vehicles has fueled criticism of the Biden administration's policies promoting electric cars. [ more ]

www.mercurynews.com

Cars

Hertz selling 20K EVs to buy gasoline-powered cars

Hertz will sell off one-third of its electric fleet and use the money to purchase more gasoline-powered vehicles.

Electric vehicles have higher damage-repair costs and depreciation, which has affected Hertz's financials. [ more ]

InsideEVs

Cars

EVs Have The Lowest Fuel And Maintenance Costs, But Depreciation Sucks: AAA

EVs have the lowest fuel and maintenance costs, but high insurance and depreciation can offset savings.

Larger EVs remain the most affordable in terms of ownership costs. [ more ]

InsideEVs

Tech industry

Barely Used Lucid Air EVs Are Selling For Less Than Half Their Original MSRP

The Lucid Air experiences significant depreciation, affecting resale value dramatically within just two years.

High-cost electric vehicles like the Lucid Air see steep drops in value despite low mileage. [ more ]

WIRED

Cars

EVs Are Losing Up to 50 Percent of Their Value in One Year

Many electric cars are depreciating rapidly, with some losing 50% of their value in one year.

Owners reselling their electric vehicles might face severe financial losses. The used market is filled with deals due to steep depreciation. [ more ]

www.nytimes.com

Cars

Hertz Will Sell Electric Cars After Being Burned by Tesla's Price Cuts

Hertz is selling one-third of its electric vehicles due to faster depreciation and higher repair costs.

The decision to sell the electric vehicles has fueled criticism of the Biden administration's policies promoting electric cars. [ more ]

www.mercurynews.com

Cars

Hertz selling 20K EVs to buy gasoline-powered cars

Hertz will sell off one-third of its electric fleet and use the money to purchase more gasoline-powered vehicles.

Electric vehicles have higher damage-repair costs and depreciation, which has affected Hertz's financials. [ more ]

moreelectric-vehicles

#tesla

InsideEVs

4 weeks ago

Cars

Used Tesla Cybertruck Prices Drop As New Models Flood The Market

Prices for Tesla Cybertrucks in the used market have significantly dropped due to increased production and changing demand dynamics. [ more ]

TESLARATI

Cars

Hertz reveals aggressive Tesla EV sales plan after lackluster quarter

Hertz faces significant losses due to mismanagement of Tesla EV fleet, leading to aggressive sales and depreciation charges. [ more ]

InsideEVs

4 weeks ago

Cars

Used Tesla Cybertruck Prices Drop As New Models Flood The Market

Prices for Tesla Cybertrucks in the used market have significantly dropped due to increased production and changing demand dynamics. [ more ]

TESLARATI

Cars

Hertz reveals aggressive Tesla EV sales plan after lackluster quarter

Hertz faces significant losses due to mismanagement of Tesla EV fleet, leading to aggressive sales and depreciation charges. [ more ]

moretesla

InsideHook

Cars

8 Simple Rules for Buying Your Dream Car

Depreciation makes dream cars more affordable in the secondhand market. Due diligence is crucial to avoid regrets when purchasing. [ more ]

Shopify

4 months ago

Venture

Capital Goods: Types and How They Fuel Business Growth (2024) - Shopify

Capital goods are tangible assets used in production, while consumer goods are purchased for personal use; key for financial statements. [ more ]

Theregister

7 months ago

Artificial intelligence

Alphabet banked $3.0 billion by stretching servers lifespan

Alphabet banked $3 billion by extending the life of its hardware.

Depreciation expenses dropped by $3.9 billion and net income rose $3.0 billion as a result of the hardware extension. [ more ]

InsideEVs

3 months ago

Cars

EV Lease Prices Could Rise Due To Poor Resale Value: Study

The poor residual value of EVs may hinder adoption due to rapid depreciation affecting buyers and lessees. [ more ]

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