nissan 350z

[valuator]

nissan 350z

[valuator]

OK well i have reviewed your votes and I must say Thank Your very much for placing them. For those who did not vote, well i still wont take away your rite to share your opinion.

Opinion Poll for WHATS THE WORTH OF THIS SUZUKI IGNIS?

RESULTS
5 PEOPLE VOTED FOR THE RANGE OF $35,000 - $38,000 making this range the clear winner.

So to my mind that tells the story that most of us decide what we would pay for something in this place a car, and that is the key factor of doing a car valuation.

[equipped2ripp]

u feel is a school u runnin here or what

[valuator]

Verification?

189 viewers visited that forum and 8 people voted, 5 of them for the range $35,000 - $38,000. But I am sure those people know who they are but I don't and I thank them very much for their opinion.

So lets value this Ignis

The original price of a Suzuki Ignis was approximately $97,000.00 in 2002, and were in 2007 making it 5 years old, so we take a percentage depreciation from $97,000 per year on a reducing balance.

year 1-less 25%
year 2-less 20%
year 3-less 15%
year 4-less 10%
year 5-less 10%=$40,070.00

As you can see after 5years depreciation this vehicle is worth approximately $40,000.00. Its now up to the willing purchaser to pay for transfer tax and if they do!!!!!? It means they will be actually paying approximately $38,000 for the Ignis. This is the range which most of the voters chose.

This formula only works for Vehicles Purchased Brand New