I want to sell current car 1 yr 8 months with 24 thousang
I want to sell current car (1 yr 8 months with 24 thousang KMS and good condition).
Wanted to know whats the market practice of valuation for selling.
1) Is it based on the Ex-Showroom price ?
or
2) RTO and Octroi expenses must be excluded from depreciation?
3) How much is the depriciation each year ?
4) Also depriciation should be calculated based on year of maufacturing or year of registraion ?
My car is 2007 make but registered and used in Jan 2008.
Thanks
Wanted to know whats the market practice of valuation for selling.
1) Is it based on the Ex-Showroom price ?
or
2) RTO and Octroi expenses must be excluded from depreciation?
3) How much is the depriciation each year ?
4) Also depriciation should be calculated based on year of maufacturing or year of registraion ?
My car is 2007 make but registered and used in Jan 2008.
Thanks