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The used-vehicle market weakened in January, as 2008-'12 model-year vehicles depreciated 1.9 percent compared to the 1.4 percent depreciation in December, according to Black Book's monthly reporting.
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Used-vehicle depreciation improved toward the end of 2013, and vehicles depreciated 12.8 percent in the year, a slight pullback from the 12.4 percent depreciation in the previous year, reports Black Book.
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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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Net income in fourth quarter 2011 rises to $33.9 million, up from $12.5 million in 2010. For the full-year 2011, Dollar Thrifty earned $159.6 million, up from $131.2 million in 2010. Full-year revenue rose to $1.55 billion from $1.54 billion.
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A shift in the lending industry now requires car rental companies to produce more accurate fleet accounting through multiple reports. TSD explains how knowing the types of depreciation calculations will help you better prepare in securing a loan.
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Rental car operators are increasing their fleet vehicles’ months in service. But do you really have to drive up hold times to survive?
Read More →There are several steps you can take to help determine whether you should purchase new or pre-owned vehicles and how you should finance your fleet.
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