12/01/2026
I did the work for my client for $50. Both me and my client are happy.
How to calculate the value of an existing vehicle
The value of a vehicle is defined as the amount it would cost if you were to purchase it today. It’s important to remember that the market value of most vehicles depends on the depreciation rate. This means that the worth of a car will be greater in one year than in another. For example, if you bought a car for $30,000 and managed to sell it for $12,000, then your overall profit was $18,000. If you bought it for $50,000 and sold it at the same price point, then you would have made an overall profit of $25,000.
