Car Book Value Formula

Therefore the calculation of book value per share will be as follows bvps total common shareholders equity preferred stock number of outstanding common shares 2 93 491 00 cr 592 18 cr.

Car book value formula. Get used car values from our vehicle valuation tool and compare to kbb and nada. In the example above the asset s book value after 6 years would be 10 000 6000 or 4000. If the car is in excellent condition the private party value is listed as 3100.

Note that the book value of the asset can never dip below the salvage value even if the calculated expense that year is large enough to put it below this value. To arrive at the book value simply subtract the depreciation to date from the cost. Car buyers today are more aware of how much a car should cost and if you re asking too much for your car then you are likely causing a lot of potential buyers to skip your ad and your car gets to sit too long on the shelf.

One of the most common mistakes that private car sellers commit is miscalculating their car s resale value and overpricing their vehicle. The value i obtain from kelly blue book by averaging the retail value and the trade in value is 2965 assuming the vehicle is in good condition. Ford fiesta 1 4 trend 5 door book value volkswagen polo 1 4 comfortline book value ford bantam 1 3i book value volkswagen polo 1 6 comfortline book value opel corsa utility 1 7 dti book value nissan np200 1 6 s 16v book value.