Originally posted by: cambit69
Originally posted by: Syntax Error
Not all of us can afford a $500-700 GPU every year. This new line of midrange $250 graphics cards that almost rival the power of these $500 GPUs is a great opportunity for those of us that want to get some gaming power. Sure, it may not run Crysis at a full 60FPS, but neither will your $500 GPU either.
When the new stuff comes out, feel free to dump another $500-700 to fill your void in your life.
straight-line depreciation
purchase price of asset = $700
estimated salvage value at end of life = $200
estimated useful life of asset = 24 months
($700 - $200) / 24 = $20.83 monthly depreciation of your 8800GTX if you bought it brand new in November 2006.
today is november 14th 2007, approx. 12 months since first purchase. 12 * $20.83 = $250 depreciated to date. current book value of 8800gtx = $450
quick look on ebay, the last 6 GTX's sold for ~$414
so in conclusion my purchase made 1 year ago is still worth more than your 8800GT which you probably paid $300 for because it's sold out everywhere AND I still get more performance than you.... pwnd
would you like me to calculate double-declining rate depreciation for you as well?