Car Book Value Formula
Get used car values from our vehicle valuation tool and compare to kbb and nada.
Car book value formula. Car buyers today are more aware of how much a car should cost and if you re asking too much for your car then you are likely causing a lot of potential buyers to skip your ad and your car gets to sit too long on the shelf. The value i obtain from kelly blue book by averaging the retail value and the trade in value is 2965 assuming the vehicle is in good condition. To arrive at the book value simply subtract the depreciation to date from the cost.
Get the kelley blue book value for your used car or trade in vehicle find tools to help you with buying or. Book value per share will be bvps 495 61 book value calculator. In the example above the asset s book value after 6 years would be 10 000 6000 or 4000.
Therefore the calculation of book value per share will be as follows bvps total common shareholders equity preferred stock number of outstanding common shares 2 93 491 00 cr 592 18 cr. You can use this book value calculator. Note that the book value of the asset can never dip below the salvage value even if the calculated expense that year is large enough to put it below this value.