Latest news with #NickDenton
Bloomberg
31-03-2025
- Business
- Bloomberg
Nick Denton's Big Bet Against the United States
Listen to Odd Lots on Apple Podcasts Listen to Odd Lots on Spotify Subscribe to the newsletter Legendary media mogul Nick Denton, the founder of Gawker, is done with the US. He's leaving New York City for good, and moving with his family to the Buda Hills near Budapest. And when it comes to his stock portfolio, he's done with the US as well. On this episode of the podcast, he tells us why he's bullish on China, and says that the fall of Elon Musk may be the biggest business story in the entire world. We also talk about the end of the Atlanticist dream, why European elites are turning so sharply against the US, and his investment approach.
Yahoo
27-03-2025
- Automotive
- Yahoo
Porsche 911s Hold Their Value Better Than All Other New Cars: Report
Turns out your Porsche 911 is a worthy investment. The sports car has the lowest five-year depreciation rate of any vehicle, according to a new report from iSeeCars, a used-car search engine. The company studied over 800,000 5-year-old pre-owned autos sold from March 2024 to February 2025 to collect its data. More from Robb Report Gawker Founder Nick Denton Is Selling His N.Y.C. Condo for $3.5 Million Red Bull Replaced Max Verstappen's Teammate Just Two Races Into the Season This $4.1 Million Cottage Is Located in a Celebrity-Favorite Enclave Just North of New York City The 911 claims the No. 1 spot on the top 25 list of cars with the lowest depreciation rate, with an average depreciation rate of 19.5 percent over five years—along with an average difference of MRSP of $24,428. Following close behind is another auto from Porsche: the 718 Cayman, a sports car that drops 21.8 percent in value over half a decade, with an average MRSP difference of $15,851. Rounding out the top four are the Toyota Tacoma and the Chevrolet Corvette, which sit at 26 percent and 27.2 percent, respectively, in five-year depreciation. Of course, where some autos triumph, others find themselves falling flat. iSeeCars also put together a list of the 25 vehicles that have the highest five-year depreciation. Perched at the top of that list is the Jaguar I-Pace, an EV with an average depreciation of 72.2 percent over five years, as well as a $51,953 average difference in MRSP. At No. 2 is the BMW 7 Series; that car has a 67.1 percent five-year devaluation rate and a $65,249 average MRSP difference over the same period. The Tesla Model S (with a 65.2 percent depreciation rate) and the Infiniti QX80 (with a 65.2 percent depreciation rate) complete the top four. Electric vehicles lose the most value after purchase, dropping 58.8 percent over five years, according to iSeeCars. EVs and luxury cars make up 23 out of 25 of the autos on the list of cars that depreciate most in value, including the Maserati Ghibli, the Land Rover Range Rover, and the Audi A8 L. The company also found that premium models usually lose more value than mainstream iterations. Trucks and hybrid models, meanwhile, keep their value the most, losing 40.4 percent and 40.7 percent, respectively, over five years. As far as used car prices go, they've come back down to earth since their peak during the pandemic, iSeeCars reports. That's shown in the increased five-year depreciation rate across all car types. It also means that new cars are losing more money after five years since both new and pre-owned car supply are slowly returning to pre-Covid numbers. Here is the full list of the top 25 vehicles with the lowest five-year depreciation. 1. Porsche 911 2. Porsche 718 Cayman 3. Toyota Tacoma 4. Chevrolet Corvette 5. Honda Civic 6. Chevrolet Camaro7. Toyota Tundra 8. Ford Mustang 9. Porsche 718 Boxster 10. Toyota Corolla Hatchback 11. Subaru BRZ 12. Toyota RAV4/RAV4 Hybrid13. Toyota 4Runner 14. Toyota Corolla 15. Subaru Crosstrek 16. Subaru Impreza 17. Chevrolet Corvette 18. Jeep Wrangler 19. Honda HR-V 20. Ford Ranger 21. Honda Accord 22. Toyota Prius 23. Honda CR-V 24. Subaru WRX 25. Toyota Camry And here is the full list of the top 25 vehicles with the highest five-year depreciation. 1. Jaguar I-Pace2. BMW 7 Series 3. Tesla Model S 4. Infiniti QX80 5. Maserati Ghibli 6. BMW 5 Series 7. Nissan LEAF 8. Maserati Levante 9. Tesla Model X 10. Cadillac Escalade ESV 11. Land Rover Range Rover12. Audi A8 L13. BMW 5 Series 14. Audi Q7 15. Infiniti QX60 16. Cadillac Escalade 17. Audi A6 18. Land Rover Discovery 19. Mercedes-Benz S-Class20. Audi A7 21. Tesla Model Y 22. Lincoln Navigator L 23. Porsche Taycan 24. Nissan Armada 25. Ford Expedition MAX Click here to read the full article.
