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Terri Shein owns a van that cost 15790 four years ago and has a resale value of 5350 today The van now has about 80000 miles on the odometer The average annual depreciation for Terri's van is?
The miles on the odometer should be irrelevant. The resale value should bake that in. The average depreciation would be (15790-5350)/4, which would be 2610.
How do you change your odometer in sonata 2008?
Changing the odometer reading on a 2008 Hyundai Sonata is illegal and unethical, as it constitutes odometer fraud. If your odometer is malfunctioning or needs repair, it's best to consult a certified mechanic or visit a Hyundai dealership for proper diagnostics and fixes. Attempting to alter the odometer can lead to severe legal penalties and devalue the vehicle. Always maintain accurate records of mileage for transparency and resale value.
What is a working odometer?
A working odometer is a device used in vehicles to measure the distance traveled. It records the total mileage by counting the rotations of the wheels or axles, often displayed digitally or via mechanical dials. A functioning odometer is essential for tracking vehicle usage, maintenance schedules, and resale value. If it malfunctions, it can lead to inaccurate mileage readings.
Does the odometer have to work to pass inspection?
Yes, in many jurisdictions, the odometer must be functional to pass a vehicle inspection. A working odometer ensures accurate mileage reporting, which is important for safety and resale value. However, specific requirements can vary by state or region, so it's best to check local regulations for detailed inspection criteria.
Does the odometer have to work to pass PA inspection?
In Pennsylvania, the odometer does not have to be in working condition to pass a vehicle inspection. However, the vehicle must meet safety and emissions standards. If the odometer is not functioning, it’s advisable to disclose this information, as it may affect the vehicle's resale value or warranty. Always check with your local inspection station for specific requirements.
Do Hondas have good resale value?
A Honda's resale value depends on the type of Honda you are interested in. A 2001 Honda Prelude has a higher resale value than the 2002 Honda Passport.
Does a Weslo treadmill have a good resale value?
It would depend on condition of the treadmill, if it is in good condition it could have a great resale value, if it is not in like new condition it will not have a good resale value.
Do used Hyundai coupes have a good resale value?
"Hyudai coupes do have a great resale value. The resale value also depends on the miles traveled with the car, if the car has been an any accidents, or the treatment of the vehicle."
What is the resale value of 2007 Yamaha rhino 660 sport?
What is the resale value of a 2007 Yamaha Rhino 660 sport
Does flatware have resale value?
Good quality flatwear will have resale value if it is made out of quality metal, and if the set is kept complete.
How good of a resale value do used Jeep Wranglers have?
The average value is $16844. They've been awarded the award for highest resale value in 2009!
What Toyota models offer the best resale value as used cars?
Toyotas generally have an excellent resale value, but recently they have gone down due to a lot of safety recalls earlier in 2010. You can check Kelly Blue Book to find the estimated resale value. The Toyota Tundra crew cab pickup truck has excellent resale value, at nearly 70% of full retail value. Also the Toyota Prius has excellent resale value.
