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Offsetting the Effects of Car Depreciation with Motus When you purchase a vehicle, whether it be fresh off the lot or used from a dealership or online marketplace, this asset depreciates as soon as you start driving it on the road. Simply put, car depreciation can be defined as the declining value of an asset…
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Facing the Facts of Fleet Vehicle Depreciation
July 19, 2018
How Does Depreciation Impact Your Company’s Fleet Vehicles? In a recent study of over 4.1 million car sales, vehicle research site iSeeCars has recognized the 10 cars sure to depreciate the most in a three-year time span. Spoiler alert: it does not look good for owners of American and German made vehicles. The highest depreciator,…
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With Motus, accurately capturing business mileage has never been faster or easier. Gone are the days of hand-written paper mileage logs and time-consuming expense reports. Please note, use of this product requires a Motus app subscription.
