All articles tagged with #depreciation
MarketWatch highlights three tax decisions you should avoid changing mid‑year to prevent IRS glitches: the order of names on a joint return for married couples, how you handle depreciation and carryforwards, and who claims dependents (with Form 8332 for transfers). The piece stresses keeping these items consistent and well-documented to reduce the chances of notices or audits, while noting there are legitimate changes when properly documented.
Jalopnik analyzes depreciation for the 2021 GR Supra, finding roughly a 23% loss over five years (CarEdge 23.06% with resale near $45,667 from a $59,354 new price; iSeeCars ~23.9%), with Autotrader listings showing typical five-year prices in the $40k–$50k range. The Supra performs competitively in its class, though peers vary: the Z4 can see around 40% depreciation for soft-top versions, the Porsche 718 Cayman may depreciate less (~17% per KBB), and the Jaguar F-Type can fall by about 50% over five years. Engine choice (255 hp 2.0L vs 382 hp 3.0L) also affects value.
SellCell data shows the iPhone 17 Pro Max has become the most traded-in smartphone, accounting for 11.5% of top-20 trade-ins by early February (up from 5.1% in late November). Most traded units are in mint or good condition. The 17 Pro Max depreciates about 7% less than the iPhone 16 Pro Max over 145 days, translating to roughly $95 more retained value, while mint-condition units average about $967.50 in resale. The top-20 devices represent about 47% of trade-in activity, with the iPhone 15 Pro Max and 14 Pro Max also remaining prominent. The trend suggests strong resale pricing amid broader economic factors.
A wave of off-lease EVs is about to hit the U.S. market thanks to IRA-driven subsidies and aggressive lease deals that made EVs cheap to lease; as 24–36 month leases expire, used-EV supply will surge, depressing prices in the near term with a peak around 2028, though the batteries typically hold up well and the glut could ultimately expand affordable EV adoption.
Republicans' tax cuts reduced Amazon's 2025 federal tax bill to about $1.2B from $9B the year before, driven mainly by generous depreciation allowances in the One Big Beautiful Bill and, to a lesser extent, expanded R&D breaks; the company reported a ~45% jump in profits to nearly $90B and paid roughly $2.75B in cash taxes, with no corporate AMT paid.
KBB estimates the 2021 Corvette Stingray’s five-year resale value at about $53,600 in January 2026, roughly 12% below its $60,995 original price, signaling strong value retention for a sports car. Industry estimates vary widely: CarEdge foresees up to 44% depreciation for a new Corvette over five years, while iSeeCars puts traditional gas coupes at ~26% and convertibles up to 36%. Among rivals, the Porsche 911 holds value best (about 0.15% depreciation), with Lexus LC (~37%) and Audi R8 (~16%) showing different resale performance.
The 2020 BMW M2 has depreciated by only 28% over five years, with the M2 CS variant retaining value particularly well, making it a rare outlier among luxury cars which typically depreciate rapidly. Despite high initial prices, these models have shown strong resale value, especially the limited-edition CS, due to demand and performance appeal.
A Virginia man criticizes his county for overvaluing his vehicles for tax purposes, with assessments nearly matching original purchase prices despite typical depreciation, highlighting potential flaws in the vehicle valuation system amid rising used car prices.
The 2020 Mazda Miata has retained about 64% of its value after five years, with depreciation rates varying by trim, and it compares favorably to similar sports cars like the Toyota 86 and Subaru BRZ in terms of value retention.
CarMax experienced a significant drop in used car values this summer due to aggressive pricing by competitors, leading to a 6.3% decline in same-store sales and a 20% plunge in shares. The company faced a rapid $1,000 per vehicle depreciation over a month, amid shifting consumer preferences towards older, higher mileage vehicles and a challenging inflationary environment. Despite earlier price hikes driven by tariffs, prices have since fallen, prompting CarMax to lower retail margins and adjust strategies to remain competitive in a tough market.
A 2023 BMW i7 xDrive60, originally purchased for $131,945, was sold after two years for only $57,751, reflecting a 56% depreciation, which is common among electric vehicles due to rapid value loss.
A three-year-old Ford Bronco depreciates about 36%, slightly better than the average 39% for new cars in the U.S., thanks to its high desirability, versatile configurations, and strong market demand, which help it retain value better than many other vehicles.
Experts warn that luxury cars like Land Rover, Maserati, and BMW often come with high maintenance costs and depreciation, making their monthly payments potentially not worth the true long-term ownership expenses. Buyers should consider total ownership costs beyond sticker price before purchasing luxury vehicles.
The article advises retirees to avoid certain luxury vehicles like Land Rover Range Rover, Maserati Levante, Audi Q5, and Jaguar I-Pace due to high costs, poor reliability, rapid depreciation, and better alternatives, emphasizing the importance of choosing more dependable and cost-effective options for retirement.
GOBankingRates, with input from ChatGPT, highlights five luxury cars—Maserati Ghibli, Jaguar XF/XE, older BMW 7 Series, Range Rover (pre-2018), and Audi A8—that are not recommended due to high maintenance costs, reliability problems, and rapid depreciation, advising consumers to consider these factors before purchasing high-end vehicles.