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Simon Cx asked about General
almost 3 years ago
How do I know my current car’s depreciation value?
1,258 Views 1 Answer
Hi Simon, thanks for leaving a question. You may calculate your car's depreciation by using this formula:
Annual Depreciation = (Total Cost of Vehicle [include COE, RF and ARF] – Sale Value of Vehicle [include PARF]) / Number of Years in Service
Hi Simon, thanks for leaving a question. You may calculate your car's depreciation by using this formula:
Annual Depreciation = (Total Cost of Vehicle [include COE, RF and ARF] – Sale Value of Vehicle [include PARF]) / Number of Years in Service