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An auto lease allows individuals to drive a new car without taking on the financial burden of car depreciation by simply paying to use the vehicle during its period of fastest depreciation and ...
In 2011, Toyota expanded the Prius family to include the Prius v, an MPV, and the Prius c, a subcompact hatchback. The production version of the Prius plug-in hybrid was released in 2012. The second generation of the plug-in variant, the Prius Prime, was released in the U.S. in November 2016. [ 5 ]
The plug-in demonstration version is based on a third generation Toyota Prius outfitted with 5.2 kWh lithium-ion batteries, [15] [16] with an all-electric range of 21 km (13 mi). [17] The global demonstration program involving 600 pre-production test cars began in late 2009 and took place in Japan, Europe, Canada, China, Australia, New Zealand ...
The residual value derives its calculation from a base price, calculated after depreciation. Residual values are calculated using a number of factors, generally a vehicles market value for the term and mileage required is the start point for the calculation, followed by seasonality, monthly adjustment, lifecycle, and disposal performance.
Toyota launched the second member of the Prius family with three regional versions of the vehicle: the Prius v in the North American market, the Prius α in Japan, and the Prius+ in Europe and Singapore. The Alpha is the basis for the five-seat launched in North America, and the seven-seat released in Europe.
The Modified Accelerated Cost Recovery System (MACRS) is the current tax depreciation system in the United States. Under this system, the capitalized cost (basis) of tangible property is recovered over a specified life by annual deductions for depreciation.
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