One of the reasons you see especially steep depreciation in the luxury car market is the fact that these cars appeal to ...

The Nigerian naira recorded its third consecutive depreciation against the dollar in the official foreign exchange market on ...

The old adage that says cars lose half their value as soon as they are driven off the lot is wrong, but they can lose quite a ...

EVs tend to lose value faster than gas-powered cars; here are a few factors at play, and what this means for EV owners.

The naira returned to depreciation against the dollar at the official foreign exchange market on Tuesday. This comes as ...

Electric vehicles are losing value faster than their petrol counterparts, according to a comprehensive US study analysing ...

The website iSeeCars released a new five-year depreciation study for 2025. And the picture was not great for used electric vehicles. A study showed EVs showed the highest average five-year ...

The peso closed at US $20.30, a depreciation of 0.8% compared to its closing position of 20.14 to the greenback on Wednesday.