The value of your car depends upon several factors. Calculating the resale value can be a process, in which case being deliberate about each step can help along the way. Gather information about your vehicle Before attempting to calculate your car’s value, you will want to gather several fac...
Your loan-to-value (LTV) ratio is one of the metrics auto lenders use to help them assess the risk of offering you a car loan or auto loan refinancing. You can calculate LTV for your car with this simple formula: LTV = (Loan amount/appraised value of asset) x 100. The result is ...
How you choose to sell your totaled car can also affect its salvage value. There are several selling paths you can take, all of which can make your salvage car fetch a different price. Some common selling options include junkyards, dealerships, private buyers, and online. For instance, junk...
relative to that loan amount. So if the car is valued at $25,000 and the borrower wants to borrow that same amount, the LTV = 100 percent. This is how lenders calculate loan risk. The lower that percentage
Trade-In Value-what your current car is worth (minus outstanding loans) Car Loan Amount-amount you can finance, called Loan Cash You can use any combination of these 3 factors to pay for a car. Some people are lucky enough to pay all cash and don't need a car loan, but if you're...
How to Calculate Your Car ExpensesRead the full-text online article and more details about "How to Calculate Your Car Expenses" - Daily News (Warwick, Australia), July 5, 2011Daily News (Warwick, Australia)
See the types of damages you can claim and how to calculate your payout.Written by Charles R. Gueli, Esq. Email Print The amount of car accident compensation you receive depends on several factors. Medical expenses have the biggest effect on the value of accident claims. The type and ...
Calculating Total Car Expenses Before you decide on a car, it's helpful to sit down and calculate how much the other expenses might be each month. These include repairs, maintenance, fuel, and insurance costs—the sort of thing you must pay in addition to your car loan payment. Fuel Costs...
Multiply the company’s number of shares outstanding by its stock price per share to calculate the market value of its equity. In this example, multiply 1 million shares outstanding by $10 per share to get a $10 million market value of equity. Tips Monitor the market value of equity of...
value in a few different ways. First, by the price the item cost the seller, via a list of sales for objects similar to the asset being sold, or an expert's opinion. For example, a diamond appraiser would likely be able to identify and calculate a diamond ring based on their ...