Teach you how to use used car evaluation methods
Vehicles are durable consumer goods with relatively large investment. The assessment methods for used cars are mainly divided into two major categories. The methods used for the assessment of used cars are average calculation methods, which include the “average age method†and “workload methodâ€; The vehicle evaluation method is the accelerated depreciation method, which includes the “double-declining balance method†and the “years total sum methodâ€. The following detailed description of these four used car assessment methods.
　　 Average age method : Annual depreciation amount = original value/expected useful life. For example, if a car with a price of RMB 100,000 is expected to be used for 10 years, the assessment method for a used car is to calculate a depreciation of RMB 10,000 per year. In other words, at the end of the first year, the value of the car was 90,000 yuan; at the end of the second year, the value of the car was 80,000 yuan; and so on.
　　 Workload method : This used car evaluation method specifically calculates the depreciation according to the traveled mileage, and the depreciation amount = the original value (the mileage that has been traveled/the expected mileage used). It is said that the assessment method for used cars is not well understood. For example, for example, if a car with a price of RMB 100,000 is expected to have a mileage of 100,000 kilometers, a depreciation of RMB 1 will be drawn for every one kilometer traveled. In other words, after driving 10,000 kilometers, the value of the car is 90,000 yuan; after driving 20,000 kilometers, the value of the car is 80,000 yuan; and so on.
　　 Double declining balance method : The calculation formula is: Percentage of depreciation = 2 / Expected useful life. Annual depreciation amount = value at the beginning of the year (percentage of depreciation), averagely apportions the remaining value in the last two years of the estimated useful life. For example, a car with a price of 100,000 yuan is expected to be used for 10 years, and the percentage of depreciation is 20%.
The remaining value of the car at the end of the first year is 80,000 yuan. (20% of 100,000-100,000)
The remaining value of the car at the end of the second year is 64,000 yuan. (20% of 80,000-80,000)
At the end of the third year, the remaining value of the car was RMB 51,200. (20% of 64,000 - 64 thousand)
The remaining value of the car at the end of the fourth year was 40.96 million yuan.
At the end of the fifth year, the remaining value of the car was 32.77 million yuan.
The remaining value of the car at the end of the sixth year was 2.6214 million yuan.
The remaining value of the car at the end of the seventh year was 20,97 million yuan.
At the end of the eighth year, the surplus value of the car was RMB 16,78 million.
The remaining value of the car at the end of the ninth year was RMB 80.39 million.
At the end of the decade, the car was scrapped.
The formula of the commonly used car evaluation method for the year sum method is: depreciation amount = original value (the sum of usable years/sum of useful years). For example, a car with a price of 100,000 yuan is expected to be used for 10 years, and the total number of years of use = 10+9+8+7+6+5+4+3+2+1=55
The remaining value of the car at the end of the first year was 81.82 million yuan. (100,000-100,000 10/55)
The remaining value of the car at the end of the second year was 65,460 yuan. (81.82 million -10 million 9/55)
At the end of the third year, the remaining value of the car was 50.91 million yuan. (65.460 million -10 million 8/55)
The remaining value of the car at the end of the fourth year was 38,180,000 yuan.
At the end of the fifth year, the remaining value of the car was 27,270 yuan.
The remaining value of the car at the end of the sixth year was 18,180,000 yuan.
The remaining value of the car at the end of the seventh year is 10,091 yuan.
The remaining value of the car at the end of the eighth year was 0.546 million yuan.
The remaining value of the car at the end of the ninth year was 0.182 million yuan.
At the end of the decade, the car was scrapped.
The above is the commonly used car evaluation method. Appraisers use these commonly used car evaluation methods to evaluate vehicles. The owner understands these common used vehicle evaluation methods and can know what to do when evaluating vehicles.
　　 Average age method : Annual depreciation amount = original value/expected useful life. For example, if a car with a price of RMB 100,000 is expected to be used for 10 years, the assessment method for a used car is to calculate a depreciation of RMB 10,000 per year. In other words, at the end of the first year, the value of the car was 90,000 yuan; at the end of the second year, the value of the car was 80,000 yuan; and so on.
　　 Workload method : This used car evaluation method specifically calculates the depreciation according to the traveled mileage, and the depreciation amount = the original value (the mileage that has been traveled/the expected mileage used). It is said that the assessment method for used cars is not well understood. For example, for example, if a car with a price of RMB 100,000 is expected to have a mileage of 100,000 kilometers, a depreciation of RMB 1 will be drawn for every one kilometer traveled. In other words, after driving 10,000 kilometers, the value of the car is 90,000 yuan; after driving 20,000 kilometers, the value of the car is 80,000 yuan; and so on.
　　 Double declining balance method : The calculation formula is: Percentage of depreciation = 2 / Expected useful life. Annual depreciation amount = value at the beginning of the year (percentage of depreciation), averagely apportions the remaining value in the last two years of the estimated useful life. For example, a car with a price of 100,000 yuan is expected to be used for 10 years, and the percentage of depreciation is 20%.
The remaining value of the car at the end of the first year is 80,000 yuan. (20% of 100,000-100,000)
The remaining value of the car at the end of the second year is 64,000 yuan. (20% of 80,000-80,000)
At the end of the third year, the remaining value of the car was RMB 51,200. (20% of 64,000 - 64 thousand)
The remaining value of the car at the end of the fourth year was 40.96 million yuan.
At the end of the fifth year, the remaining value of the car was 32.77 million yuan.
The remaining value of the car at the end of the sixth year was 2.6214 million yuan.
The remaining value of the car at the end of the seventh year was 20,97 million yuan.
At the end of the eighth year, the surplus value of the car was RMB 16,78 million.
The remaining value of the car at the end of the ninth year was RMB 80.39 million.
At the end of the decade, the car was scrapped.
The formula of the commonly used car evaluation method for the year sum method is: depreciation amount = original value (the sum of usable years/sum of useful years). For example, a car with a price of 100,000 yuan is expected to be used for 10 years, and the total number of years of use = 10+9+8+7+6+5+4+3+2+1=55
The remaining value of the car at the end of the first year was 81.82 million yuan. (100,000-100,000 10/55)
The remaining value of the car at the end of the second year was 65,460 yuan. (81.82 million -10 million 9/55)
At the end of the third year, the remaining value of the car was 50.91 million yuan. (65.460 million -10 million 8/55)
The remaining value of the car at the end of the fourth year was 38,180,000 yuan.
At the end of the fifth year, the remaining value of the car was 27,270 yuan.
The remaining value of the car at the end of the sixth year was 18,180,000 yuan.
The remaining value of the car at the end of the seventh year is 10,091 yuan.
The remaining value of the car at the end of the eighth year was 0.546 million yuan.
The remaining value of the car at the end of the ninth year was 0.182 million yuan.
At the end of the decade, the car was scrapped.
The above is the commonly used car evaluation method. Appraisers use these commonly used car evaluation methods to evaluate vehicles. The owner understands these common used vehicle evaluation methods and can know what to do when evaluating vehicles.
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