Search Close Menu

Encyclopedia

Browse

or

Depreciation

Depreciation is simply the difference between the original cost of a fixed asset and the proceeds from the sale of the asset. Depreciation, therefore, cannot be determined until after the asset is sold. Often called "actual depreciation."

Fleet FAQ

President of Agile Fleet

Ed Smith

President of Agile Fleet

https://www.agilefleet.com/?utm_source=Bobit&utm_medium=FAQ

Fleet Incentives

Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.