Vehicle Details

Purchase Value (OTR Price) 1150000

Residual Value (From www.carvalue.com) 300000
Depreciation 850000
No of Months at Residual 120
No of Kilometers at Residual 180000

Depreciation Per Month 7083

Depreciation Per Kilometer 5
Monthly Normal Montly Kms 1500

Value Calculations
Months Used 35
Kilometers Run 75000
Depreciation Per Month 247917
Kilometers Adjustment 106250
Total Depreciation 354167

Residual Value 795833

Notes/Explanation
On Road Price of Car When Purchased New
Residual Value after 10 Years of usage. You can get this from Car Value.com
Purchase Price Cell: B2 - Residual Value Cell: B3
Period of Usage Say 10 years or 120 Months
Approximate Kilometers Used for Period of Deprecation

Depreciation B4 / Depreciation Period in Months B5

Depreciation B4 / Depreciation Kilometers B6
Approximate Normal Usage for Month

No of Months your vehicle has been on the road since new

No of kilometers your vehicle has run till date
Monthly Depreciation Cell: B8 * No of Months Used Cell: B13
Current Mileage Cell: B14 * Per Kilometer Depreciation * B5
Monthly Depreciation + Mileage Depreciation

On Road Price Cell B2 - Depreciation B17 + Residual Value B3