Scrap value calculation?

• absolute_motoring

  27 Apr 05, 21:11

  What will be the scrap value for a vios (Jan 2005) and vios (Jan 2003) after 5 and 10 years? Can share the formula?
• elfhunter

  27 Apr 05, 23:06

  jan 2003
  
  97.5% of OMV plus 5/10 of COE for 5 year
  
  65.0% of OMV for 10 year
  
  jan 2005
  
  82.5% of OMV plus 5/10 of COE for 5 year
  
  55.0% of OMV for 10 year
  
  
• absolute_motoring

  28 Apr 05, 00:39

  Thanks for the input!