asked about General

almost 4 years ago

How do I know my current car’s depreciation value?

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1 Answer

-1
John

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

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almost 4 years ago