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)
Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.
Editor and Associate Publisher
Mike has covered fleet management and remarketing for more than 20 years and entered the Fleet Hall of Fame in 2010.
More From The World's Largest Fleet Publisher
The car and truck fleet and leasing management magazine
Executive vehicle management
Managing public sector vehicles & equipment
The commercial truck industry's most in-depth information source
Global resource for limousine and bus transportation
Serving the bus and passenger rail industries for more than a century
Serving school transportation professionals in the U.S. and Canada
The resource for managers of class 1-7 truck fleets
© 2015 Business Fleet. All Rights Reserved.