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)
Editor and Associate Publisher
Mike Antich has been covering the fleet management and vehicle remarketing markets for more than 20 years. During this period, Mike has written or edited more than 4,600 articles on the subjects of fleet management, manufacturer fleet activities, the fleet leasing industry, and vehicle remarketing. He was inducted in the Fleet Hall of Fame in 2010.
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