FforestFach Posted December 12, 2016 Share Posted December 12, 2016 Is there a rule of thumb for motorbike depreciation value in Thailand? e.g. 5% pa or 10% pa since first year of registration? I'm trying to value a one year old Honda PCX150, no accidents, 5500km, one owner, serviced by Honda, recently renewed tax and registration. Thanks. Link to comment Share on other sites More sharing options...
papa al Posted December 12, 2016 Share Posted December 12, 2016 20% depreciation @ purchase and 1 baht per km. Link to comment Share on other sites More sharing options...
FforestFach Posted December 13, 2016 Author Share Posted December 13, 2016 20% was also my rule of thumb from home country but I had read somewhere that 1-3 year old good condition motorcycles in Asia "held their value" so I was hoping for 5-10% off. Many thanks. Link to comment Share on other sites More sharing options...
In the jungle Posted December 13, 2016 Share Posted December 13, 2016 12 hours ago, papa al said: 20% depreciation @ purchase and 1 baht per km. That formula makes my daily rider worth minus 8000 Baht whereas it is actually worth between 40 to 50% of the purchase cost. Link to comment Share on other sites More sharing options...
papa al Posted December 13, 2016 Share Posted December 13, 2016 48 minutes ago, In the jungle said: That formula makes my daily rider worth minus 8000 Baht whereas it is actually worth between 40 to 50% of the purchase cost. Rule-0-thumb applicable to: nice, relatively new, relatively low milage, smaller bikes, like OP's PCX, & smaller. What's yours? Link to comment Share on other sites More sharing options...
In the jungle Posted December 13, 2016 Share Posted December 13, 2016 Wave 110i, 2012, 40,000 km, excellent condition. My old Honda Dream is worth minus 148,000 Baht ;-) Link to comment Share on other sites More sharing options...
papa al Posted December 13, 2016 Share Posted December 13, 2016 8 hours ago, In the jungle said: Wave 110i, 2012, 40,000 km, excellent condition. My old Honda Dream is worth minus 148,000 Baht ;-) You do understand the the 'relatively low milage" caveat, right? and "relatively new" ?? I guess not. Link to comment Share on other sites More sharing options...
richard_smith237 Posted October 30, 2018 Share Posted October 30, 2018 Having arrived at this 2 year old thread for ideas of valuation of my Scooter which a friend may buy... I don't want to rip them off, I don't want to give it away either... Yamaha Tricity 155cc ABS model.... 10 months old about 2000km. New price is 98,500 baht The -20% -1baht per KM places it at about 76,500 baht.... I which case he can have it for 70,000 baht... but... Is that a fair price? Link to comment Share on other sites More sharing options...
Agusts Posted November 2, 2018 Share Posted November 2, 2018 If in good condition that sounds a bit on the low side, it should sell for 80k on the market, 75k at worst. I don't go with any formula, to see what is the going rate check the ads on the web for 2nd hand bikes and get a feel for the price, of course they always put 5k too much on ads to leave room for haggling, but it usually is the best approach... (I doubt you see many ads for your bike though, they are rare, specially the new 155cc ones). Link to comment Share on other sites More sharing options...
papa al Posted November 3, 2018 Share Posted November 3, 2018 On 10/30/2018 at 5:21 PM, richard_smith237 said: Having arrived at this 2 year old thread for ideas of valuation of my Scooter which a friend may buy... I don't want to rip them off, I don't want to give it away either... Yamaha Tricity 155cc ABS model.... 10 months old about 2000km. New price is 98,500 baht The -20% -1baht per KM places it at about 76,500 baht.... I which case he can have it for 70,000 baht... but... Is that a fair price? yes Link to comment Share on other sites More sharing options...
alx123 Posted November 6, 2018 Share Posted November 6, 2018 Maybe also a good idea to get its depreciation value per year based on its expected useful life, just like any asset. Link to comment Share on other sites More sharing options...
PC800 Posted December 16, 2018 Share Posted December 16, 2018 There are always extenuating circumstances for a bike valuation, but I like Papa Al's "rule of thumb." I think it's pretty accurate. I read it when you first posted it long ago, and still do the computations in my head when I look at bikes for sale. It's a good "ball park estimate." Link to comment Share on other sites More sharing options...
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