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 ...

Depreciation is how quickly a car loses its value over time. While this number may seem like an abstract concept, it does affect your car's overall worth. Finance experts base this figure on a range ...

The IRS issued higher new depreciation limitations for passenger automobiles, although the increases are smaller than in the previous two years. These limits are updated annually for inflation, based ...

Learn how salvage value impacts depreciation calculations, methods for determining value, and its importance in financial ...

Automotive research company iSeeCars conducted a study revealing the best and worst car colors for depreciation. While some colors have above-average depreciation rates, there are still plenty of ...

Depreciation accounts for 32.9 percent of the total cost to own and operate a vehicle over the past 12 months. That is according to a “2019 Cost of Vehicle Ownership Trend Report” from vehicle ...

For the first time in at least three years, the IRS issued lower depreciation limitations for passenger automobiles. These limits are updated annually for inflation, based on the automobile component ...

The long-term value of a car doesn't always equate to its price. Maintenance fees and problems from age can pile up, and even paint color affects resale value way more than you might think. Some ...

Learn how gap insurance protects you financially by covering the difference between your car's value and what you owe in case of total loss. Discover when to buy it.