answersLogoWhite

0

AllQ&AStudy Guides
Best answer

Salvage value is defined as the value of the product after its useful life .In other words it is the value after depreciation. Salvage value also known as scrap value.

Q: Difference between scrap value and salvage value?
This answer is:
Related answers

Salvage value is defined as the value of the product after its useful life .In other words it is the value after depreciation. Salvage value also known as scrap value.

View page

Salvage Value - [Tax * (Market Value - Book Value)

View page

The value of a salvage vehicle is roughly 60% of the value of a comparable car with a clean title.

View page

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.

View page

There is no set value of a salvage vehicle. Value is based on what they offer.

View page
Featured study guide

Boats and Watercraft

6 cards

What must you do if you see another vessel's red and white lights off your starboard bow

What is the requirement for Coast Guard assistance when a vessel is aground

In Oklahoma what are boat operators required to do when involved in an accident

When is a lookout on a vessel required

➡️
See all cards
☆★☆★☆★☆★☆★
No Reviews
More study guides

Boats and Watercraft

5 cards

What is the requirement for Coast Guard assistance when a vessel is aground

In Oklahoma what are boat operators required to do when involved in an accident

When is a lookout on a vessel required

The us coast guard considers personal watercraft what kind of boat

➡️
See all cards
☆★☆★☆★☆★☆★
No Reviews

Boats and Watercraft

6 cards

What must you do if you see another vessel's red and white lights off your starboard bow

What is the requirement for Coast Guard assistance when a vessel is aground

In Oklahoma what are boat operators required to do when involved in an accident

When is a lookout on a vessel required

➡️
See all cards
☆★☆★☆★☆★☆★
No Reviews
Search results

Resources

Leaderboard All Tags Unanswered

Top Categories

Algebra Chemistry Biology World History English Language Arts Psychology Computer Science Economics

Product

Community Guidelines Honor Code Flashcard Maker Study Guides Math Solver FAQ

Company

About Us Contact Us Terms of Use Privacy Policy Disclaimer Cookie Policy IP Issues
Answers Logo
Copyright ©2024 Infospace Holdings LLC, A System1 Company. All Rights Reserved. The material on this site can not be reproduced, distributed, transmitted, cached or otherwise used, except with prior written permission of Answers.