March 9, 2010
In the commercial fleet industry, the most common amortization rate used for establishing a depreciation reserve is 50 months. Recently, some major fleets extended amortization rates on new-vehicle orders.
Tags: Amortization, Resale Value, PHH
Author: Mike Antich | Posted @ Tuesday, March 9, 2010 9:40 AM | » Comments(1)
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Mike has covered fleet management and remarketing for more than 20 years and entered the Fleet Hall of Fame in 2010.
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