I am figuring that a car depreciates 15% per yr. it is a 2002 model yr audi. So i did 15%/12 = 1.25%. 1.0-.0125=0.9875.
2006-06-12 06:47:18 · 3 answers · asked by Anonymous in Business & Finance ➔ Personal Finance
Try .9578 and divide by 13 then add 2002 and divide by your birthyear. Add the current temperature and subtract your IQ from the quotient.
2006-06-12 06:53:17 · answer #1 · answered by ••Mott•• 6 · 0⤊ 0⤋
only if you bought your car for business purposes but yes your formula would be correct however I don't know if I agree with your 15% not all cars depreciate equally and few actually appreciate Also that value would vary depending on your location there are a lot of factors you don't mention but you know the situation better than I so you are probably getting a good estimate of your Audi
2006-06-12 06:57:16 · answer #2 · answered by laura468 5 · 0⤊ 0⤋
where exactly did you get that % depreciation? just curious
just keep looking at kbb.com month to month.. that's what i do.. i have a used lexus gs400 that i plan on selling soon.. and i always check the value every month
2006-06-12 07:46:04 · answer #3 · answered by do it movin' 1 · 0⤊ 0⤋