How to calculate vehicle depreciation fee

How to Calculate Vehicle Depreciation Fees How to Calculate Vehicle Depreciation Fees

1, the average age method

Formula: annual depreciation amount = original value, estimated useful life

For example, if a car with a price of RMB 100,000 is expected to be used for 10 years, it should be calculated at a depreciation of RMB 10,000 per year. For example, at the end of the first year, the value of the car would be 90,000 yuan; the second year would be 80,000 yuan; and so on.

2, the workload method

Formula: Calculate depreciation according to mileage, depreciation amount = original value (miles already traveled / expected mileage used)

For example, a car with a price of 100,000 yuan is expected to have a mileage of 100,000 kilometers and a depreciation of 1 yuan will be drawn for every 1 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; simple, right? And so on. 3. Double declining balance method

Formula: Calculated as 20% of Depreciation Percentage

For example: 10 million vehicles are 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)

The remaining value of the car at the end of the third year is RMB 51,200. (20% of 64,000)

The remaining value of the car at the end of the fourth year was 40.96 million yuan. (So on and so forth)

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.