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ehh... updated formula
Posted by Siegfried (more from Siegfried) on Wed, 8 Feb 2012 08:02:08
In Reply to: 48K - original MSRP?, Siegfried, Wed, 8 Feb 2012 07:41:19
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(MSRPadj / mileage) x SP + SP = ((MSRPadj / mileage) + 1) x SP
- with mileage tending to 0 (zero) the value tends to infinity (low-mileage collector item)
- with mileage tending to infinity the value tends to current local street price
- with mileage significantly above zero, but still low, the value tends to MSRP adjusted to nowadays according to inflation happened
So a C900 with '94 MSRP at $35K, 24K mileage, inflation 4.20/2.30 according to BMX, local street price for well-maintained and damage-free C900 at $6000 we have...
(($35000 x (4.20/2.30) / 24000) + 1) x 6000 = 21978,26
Zig
posted by 77.37.1...
Posts in this Thread:
- 1994 900 Convertible 24K miles - What is it worth?, Radu Radulescu, Wed, 8 Feb 2012 00:22:44
- Assuuming, No Snaab, Fri, 10 Feb 2012 05:27:56
- You do the reasearch, you do the buying,...., vsfoxe , Wed, 8 Feb 2012 09:05:39
- 48K - original MSRP?, Siegfried, Wed, 8 Feb 2012 07:41:19
- I have an formula too..., John G, Fri, 10 Feb 2012 12:36:13
- ehh... updated formula, Siegfried, Wed, 8 Feb 2012 08:02:08 <-- Viewing This Message
- ouch... missed. ^above^ went to R/F below, sorry (n/m), Siegfried, Wed, 8 Feb 2012 07:42:48
- upto 50% MSRP (which was pretty high those days) n/m, Siegfried, Wed, 8 Feb 2012 03:49:40
- 24k, RadioFlyer, Wed, 8 Feb 2012 06:20:40
- Re: 24k, turbocon86, Wed, 8 Feb 2012 07:35:26
- Re: 24k, DietrichOS , Fri, 10 Feb 2012 07:48:24
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