Salvage Value?

Answer

Salvage value refers to the estimated value that an asset will realize upon its sale at the end of its useful life. The value is used in accounting to determine depreciation amounts and in the tax system to determine deductions.
1 Additional Answer
Salvage value is also referred to as residual value. It is a term that's used to show how much an item is worth after it has been fully depreciated. There are several factors used to determine the salvage value. For example, if one is trying to determine the salvage value of a vehicle, he would need to look at the market value, mileage, seasonality, lifecycle, disposal performance, and monthly adjustment. These values may be determined based on the history of the vehicle.
Q&A Related to "Salvage Value?"
The only value that fluctuates with regard to calculating salvage value is the underlying price of the spot materials. Once you have that, multiply it by .95 to arrive at the rough
http://answers.ask.com/Business/Finance/how_to_cal...
1. Determine the current fair market value of the asset. Salvage value can mean different things for different people. For one person the useful life of a car is until it breaks down
http://www.ehow.com/how_5907187_salvage-value.html...
The value of a salvage vehicle is roughly 60% of the value of a comparable car with a clean title.
http://wiki.answers.com/Q/What_is_the_value_of_a_s...
1 Use blue book tools to evaluate the car's values. Both the retail value and trade-in value (also known as wholesale value) for your car will be found in a blue book. Consult with
http://www.wikihow.com/Determine-the-Value-of-a-Sa...
Explore this Topic
The salvage value of your vehicle is the value of your vehicle after it has realized its purpose and its useful life has ended. Your vehicle depreciates by a certain ...
The only value that fluctuates with regard to calculating salvage value is the underlying price of the spot materials. Once you have that, multiply it by .95 to ...
The only value that fluctuates with regard to calculating salvage value is the underlying price of the spot materials. Once you have that, multiply it by .95 to ...
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