Automotive - Tires

Item Age (Years)
Replacement Cost
$
.00
 
Automotive - Tires Depreciation Rate: 33.33% per year
Keywords: automotive, tires, bf, goodrich, continental, dunlop, falken, general, goodyear, kumho, michelin, nankang, nitto, phantom, pirelli, semperit, yokohama
DEPRECIATION FORMULA
ACV = RCV - (DPR * RCV * AGE)
EQUATION VARIABLES
ACV = Actual Cash Value (Depreciated Value)
AGE = Age of Item (Years)
RCV = Replacement Cash Value (Cost to Purchase Now)
DPR = Depreciation Rate (% per Year)