depreciation

Within that range, the mileage cost is cheaper than diesel - although it's complicated when taking account other factors, such as higher capital costs, lower maintenance costs and the unclear impact of depreciation.

Although Mr Mack shared how there are issues with electric cars such as the price, mileage, battery life, depreciation and appearance.

Most run according to a combination of budget cycles, maintenance and depreciation schedules, accounting rules and plain old obsolescence.

ProPublica’s 2021 article traced how owners, starting with the late baseball showman Bill Veeck decades ago, persuaded the IRS to accept a “gimmick” that allows owners to take massive depreciation write-offs.

The company, whose main business revolves around connecting prospective homebuyers with real estate agents, reported $125 million in adjusted earnings before interest, taxes, depreciation and amortization, beating the average analyst estimate of $104 million.