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Depreciation Of Cars

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I have asked several of my Thai friends and they all say: only the year counts, nobody believes the number of kilometers on the meter.

When I lived in Holland for a few years I had a Mazda 626, probably the best car I ever had. The car shop owner had a very simple thumbrule.

first year: minus 15% (not sure of the number though)

next years: mnus 10%(not sure of the number though)

each kilometer: minus 5 eurocent. At the end, of course, the actual state of the car came into play.

This was easy, I always had a good idea of the value of my car. I could always try to sell the car to somebody else of course if I found a better price.

Can anybody shed some light on the situation in Thailand? I am on the point of buying a Nissan Navara.

Thanks a lot

Your Thai Friends are right about kilometers a guide to vehicles sold by s/h dealers i think would be

1st year max 10,000 Ks

2nd year max 20,000ks

3rd year max 30,000Ks

4th year max 40,000Ks

5th year to infinity 50,000Ks

and they would never go over these figures if you know what i mean (nuge nuge wink wink)

so any depreciation formula based on distance covered is right out of the window!

Your Thai Friends are right about kilometers a guide to vehicles sold by s/h dealers i think would be

1st year max 10,000 Ks

2nd year max 20,000ks

3rd year max 30,000Ks

4th year max 40,000Ks

5th year to infinity 50,000Ks

and they would never go over these figures if you know what i mean (nuge nuge wink wink)

so any depreciation formula based on distance covered is right out of the window!

Well judgement of distance was never a great characteristic of Thai people. After all just how long is a kilometre.

Your Thai Friends are right about kilometers a guide to vehicles sold by s/h dealers i think would be

1st year max 10,000 Ks

2nd year max 20,000ks

3rd year max 30,000Ks

4th year max 40,000Ks

5th year to infinity 50,000Ks

and they would never go over these figures if you know what i mean (nuge nuge wink wink)

so any depreciation formula based on distance covered is right out of the window!

Well judgement of distance was never a great characteristic of Thai people. After all just how long is a kilometre.

About 10 bars?

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