It's interesting how people talk about "depreciation" of an item that pretty much never, if ever, increases in value.
For example for a few years Chevrolet Silverados were made with "cat eye" headlights. Those trucks hold their value far more than chevys with rectangle headlights, all other variables being equal.
It is a very useful concept.
It's interesting how people talk about "depreciation" of an item that pretty much never, if ever, increases in value.