Knowing the depreciation of your car is not just necessary, but very necessary. Firstly, it is necessary in cases where the machine is used for business purposes. In order for you to be given money to repair it or purchase some necessary parts, you definitely need to calculate how much the vehicle has worn out during its operation. Depreciation is also required to conclude a contract with an insurance company. Indeed, based on it, the insurance payment will be calculated.
Instructions
Step 1
Experts recommend: keep a special diary. In it, you need to indicate in sufficient detail the work that was carried out with the car during the year. For example, fill in the columns how many kilometers the car has traveled, how many times the consumables have been changed (oil, filters, pads, etc.). Of course, do not forget to indicate global repairs as well. For example, glass replacement, muffler repair and others. Be sure to write down the prices in this diary. They must be confirmed by checks. Therefore, if you want the car's wear to be calculated correctly, you will have to deal with the monotonous work of collecting checks.
Step 2
Please note that sometimes accountants use certain settlement systems. According to them, the depreciation of the car for the year on average is about 10-20% of the cost of a new car. So if you want to calculate the wear on your own, according to this system, then simply multiply the number of years of your vehicle by this percentage. True, this provision is relevant only for "young" cars, usually not older than 5 years. After that, wear is calculated a little differently. But with this calculation scheme, you will not be paid for any repairs. Therefore, in this situation, collecting checks is a waste of time.
Step 3
Another method for calculating vehicle depreciation is called non-linear. This is based on the depreciation charge on the residual value of the machine. When the residual value is 20% of the original price, the calculation procedure looks like this: the base rate appears, from which further calculations are made. Typically, to simplify the task of calculating depreciation, this base rate is divided by the number of months remaining until the end of the product's useful life.
Step 4
In some cases, the amount of depreciation can be increased by increasing factors. These include working in aggressive conditions, using a vehicle for agricultural purposes, operating a car in a special industrial economic zone. This provision is governed by paragraph 7 of Article 259 of the Tax Code of the Russian Federation.
