In accordance with the laws of the industry, the value of a used car is assessed, and it is customary to calculate the useful life of a car for 10 years. In the first three years, the vehicle value is reduced by 15% each year. In the middle of 4 years, the vehicle value is calculated by 10%, and in the last 3 years, the vehicle value is reduced by 5%. So what are the references for the used car assessment?
I. Replacement cost The replacement cost refers to the maximum price of the new car to be assessed. If the new car of the same model is discontinued, the price of the new car with the same brand name must be referenced, and then the service life, usage, formalities, etc. must be combined. Factors use the discount formula to calculate the actual price. In general, the price of a used car in one year is about 20% lower than the price of a new car in one year, and is calculated at a discount of 10% per year after one year. This formula is often used by most used car dealers because it is fast.
Second, the common calculation formula is evaluated the current price of the vehicle = replacement price × (1-usage / specified service life) × 100% × adjustment factor. Among them, the (1-used life/the specified useful life) × 100% of the part, the result is called "the new rate." “Reset price” refers to the minimum cost paid for a new vehicle that was purchased in the same year as the vehicle being evaluated. For example, the Elantra 1.6GL has been in use for two years. At present, the new car has a guide price of RMB 104,800, a preferential price of about RMB 90,000, a replacement price of RMB 90,000, and an economic life of 15 years (300,000 km), according to the formula: 90000×(1-2/15) ×100%=78,000 yuan. The adjustment factor section can be calculated as follows: The adjustment factor is 75%. Then, the final evaluation price of this car is: 78000 × 75% = 58500 yuan. The above is a very simple way to classify cars into four major assemblies, evaluate each part, and weight the evaluation results by 75%.
III. Cash Value Wei Zheng, of the China Merchants Planning Department of the old motor vehicle operating market, stated that within the prescribed service life of the vehicle, the remaining use value is called the general vehicle salvage value. In addition, when the car reaches the end of life, the owner can also receive another meaning of the car's residual value, which is generally calculated at 350 yuan per ton. A small car can receive about 2,000 to 3,000 yuan.