Sirius XM Holdings’ development over the past a number of years has come largely on the back of new car gross sales. It is managed to get its know-how into about three of every four vehicles that roll off the assembly line, and agreements with the automakers have been effective in turning new owners into subscribers.
From a shopper standpoint, I imagine that the depreciation construction reflects a reality that new automotive miles are extra worthwhile than used car miles. New vehicles get better gasoline mileage, have fewer maintenance issues, and usually tend to have repairs coated by warranty. Used vehicles may be cheaper on the front end to purchase, but hit you more durable with the pay-as-you-drive expenses (gas, maintenance and repairs). And certain aesthetic values of recent automobiles aren’t nearly how the automobile seems to be – they might be about consolation and even safety.
The 997.2 Carrera … Read more