Where I live salvage means sold for scrap metal value, a car with out the upholstery and plastic removed has no scrap value. They will take it but not pay. If the car is clean metal no plastic etc about $0.20 pound
Salvage Value - [Tax * (Market Value - Book Value)
When a car becomes salvage its value becomes what it can be disassembled and the parts sold for. So each wreck is different. If I were to take a Malibu to the scrap yard they would either pay me nothing or if I had stripped or burnt the car they would give me scrap steel price. $200 or less.
Under written down balance method depreciation is charged from original value and after that on written down balance until useful life of asset and any amount remaining at the end of useful life is the salvage value.
Dose scrap magnets HAVE ANY VALUE
The value of a salvage vehicle is roughly 60% of the value of a comparable car with a clean title.
The salvage value of a 2007 Mercury Grand Marquis varies greatly depending on your area and the actual condition. There are prices between $100 and $2500.
They currently have a scrap value of $6.96.
The difference between the Actual Value & Earned Value is the Project Cost Variance
the DIFFERENCE between the place value and the face value is 991
NO, salvage value is subjective. The salvage price is usally set by bids. Depends. If it's salvage the price is very subjective. If it's salvage but reconstructed (i.e. roadworthy) it's typically worth 60% of the value of a comparable car with a clean title. Use kbb.com and edmunds.com to determine appx value.