Car depreciation is an unseen force that impacts every vehicle, whether you buy it new or used. It is how much your car loses in value every second.

100% bonus depreciation is scheduled to go to 80% in 2023 and then be reduced by 20% each year. We review how Section 179 and bonus depreciation interact also.

Carrying value is an accounting measure of value, where the value of an asset or a company is based on the figures in the company's balance sheet.