Sample car valuation report for write-off. Assessment of the market value of the car upon entry into the inheritance

23.04.2019

For most users of legal norms, entering into an inheritance brings additional material benefits.

However, often an inheritance can cause a number of temporary losses and unplanned financial expenses, which is why a full assessment is necessary before entering into an inheritance.

Thus, it will be possible to avoid most of the problems associated with the passage of this procedure, and there will also be good reasons for deciding whether to recognize oneself as an heir or not.

Before collecting documents and looking for experts on the assessment procedure market value vehicle(TC), consult on the most pressing issues with a lawyer who can clearly explain the entire process from auto-examination to obtaining the right to inherit.

If you drive a car under a power of attorney issued during the life of the owner, and you are his successor, in order to continue to operate the vehicle, you need to go through the inheritance procedure.

The validity of the power of attorney for the car is automatically canceled after the death of the principal.

Acceptance of an inheritance

To enter into an inheritance by law or by will, you must submit an application to a notary to obtain a certificate of inheritance. It is this document that will serve as the basis for the re-registration of vehicles in the traffic police.

The deadline for filing an application for establishing the right of inheritance is:

6 months- for heirs of the first stage;
3 months- for heirs of the second stage.

If the heir of a motor vehicle (AMTS) did not timely apply to a notary company for a certificate, he will have to go to court to establish his right to inherit.

Assessment of the market value of the vehicle

The procedure for assessing vehicles is a whole range of activities, which includes an analysis technical condition vehicle, as well as a detailed study of all accompanying documents.

The process of assessing an inherited object is strictly regulated by the Law on Appraisal Activities in the Russian Federation No. 135-FZ and the standards FSO-1, FSO-2, FSO-3.

The exchange (market) value of motor vehicles during the registration of the inheritance is determined on the date of death of the owner.

Due to the fact that by the time of applying for recognition of the right to inherit, a certain time period has passed during which the state of the inherited object could change, inspection of the vehicle for evaluation is not required.

Assessment Methodology

There are three main methods for calculating the cost of motor vehicles:

costly;
market;
profitable.

In most cases, to assess the value of a car when registering the right of inheritance, appraisers use the second method.

Market Approach

This is a set of methods for assessing motor vehicles. These methods are based on comparing the car with similar ones based on the information available on them.

Using this method involves comparing and analyzing information about the value of the machine that is being valued. It also takes into account the sale and purchase transactions that have been recently made with such vehicles.

The ultimate goal of the comparative approach is to determine the exact value of the vehicle being valued on the market.

Calculation steps:

Analysis and comparison of purchase and sale transactions with the participation of vehicles similar to the specified one, comparison of the cost of transactions.
Comparison of a given motor vehicle with selected similar objects, identification of obvious differences in certain characteristics, including dates and places of sale.
Determination of the market value of a given object, taking into account the adjustment of prices for similar objects in accordance with the identified discrepancies.

At the final stage of AMTS cost calculation, the following methods can be applied:

Method of paired comparisons - the price of a similar object is compared, in the configuration of which there are the same additional elements as for a given vehicle, with the price of an object that does not have these elements.
Correction coefficient method - finding the values of increasing and decreasing coefficients based on the data obtained by comparing individual parameters of a given object with similar vehicles.
Determining the price by comparing specific indicators (power, motor consumption, etc.)

List of documents

The list of documents and data submitted for evaluation includes:

Passport data of the person entering into the inheritance of the vehicle, which is the direct customer of the assessment.
A copy of the death certificate of the owner of the inherited vehicle.
Documents for the car (PTS and STS).
A document confirming the data on the actual mileage of the car.
Configuration data.
Data on external damage to the vehicle.
In case of an emergency or after an accident - an act of inspection of the vehicle.
Information about the repairs carried out as a result of an accident.
Data on the replacement, repair of basic units.
Data on the presence, absence of encumbrances (collateral, debt obligations, other restrictions).

Market Valuation Report

The report should contain the following information and sections:

The date of the vehicle appraisal.
Report number.
Standards used for evaluation.
The purpose of the assessment.
The main reasons for creating this report.
Basis for evaluation.
The list of data used in the assessment, on the basis of which the report was created and the sources of their origin.
Declaration of Conformity.
Constraints and assumptions used during the valuation.
Norms of appraisal activities, justifications for their application.
Description of terms and definitions used in the report.
Information about the evaluation procedure.
Justification of the choice of approaches for determining the value of the object.
Description of the object of evaluation.
Overview of the appraisal object market.
Determination of the market value of AMTS.
Conclusion.

The main requirements of the market value assessment report include the mandatory numbering of all pages, its firmware, sealing, and the appraiser's signature. To the report in without fail a copy of the document certifying the right of the organization to engage in valuation activities is attached.

If the market value assessment report contains controversial information, it can be challenged by an arbitration or arbitration court.

Notary fees

When entering into an inheritance, it is necessary to pay a fee in accordance with the tariffs for obtaining a certificate of inheritance.
Rates:

0,3% from market price property - spouses, parents, siblings, adopted children;
0,6% from the market price of the property - other heirs.

The amount of the state duty is calculated on the basis of the tariff and the value of the market value of the inherited object, indicated in an independent expert valuation report provided by the applicant.

Notary offices do not have the right to establish the type of method for calculating the valuation of the vehicle or require confirmation that the valuation was carried out in a certain way, thus trying to overestimate the market value of the inherited object.

To recognize the right to inherit a car, the following documents are submitted to the notary:

Passport of the person entering into the inheritance.
Death certificate former owner.
Documents confirming the right of inheritance (testament, birth certificate, marriage certificate, etc.).
Passport of the vehicle (PTS).
Certificate of registration of the vehicle (CTC).
Report on the assessment of the market value of motor vehicles.

Where to make an assessment?

Since the amount of the paid state duty directly depends on the market value of the vehicle set by an independent appraiser in the report and can vary greatly depending on the method of valuation, the issue of choosing an organization is key.

Only those organizations whose experts are members of a self-regulatory organization of appraisers (SRO) have the right to conduct an independent assessment.

When choosing an organization other than general feedback and comments on the work of a particular company, use the so-called method of analyzing an individual company representative. That is, make a choice regarding the personal qualities and professional characteristics of a particular expert who will accompany your case.

It is also worth paying attention to how flexible the organization or individual expert whose services you want to use approaches the individual needs of the client.

If you are not completely sure of the correct choice or you have any questions, be sure to consult with a representative of the firm or company before entering into business relations with it.

Car valuation and other vehicles today is carried out for three main purposes:

1. For registration of inheritance.

In this case, it happens car valuation for the purposes of calculating the notary fee (0.3% of the market value for direct heirs and 0.6% of the market value for other heirs). It is necessary to provide a copy of the death certificate, vehicle title and passport of the Customer (preferably one of the heirs at once). The valuation of the car is made on the date of death of the owner.

The cost of services for an independent assessment of a car in Moscow for inheritance is from 1,500 rubles.

2. In case of sale by a legal entity to your employee or to the side.

In this case, an assessment is made to minimize tax risks for income tax when calculating the size of the taxable base. In this case, you must provide vehicle title, details of the owner and customer evaluation. You will also need to enter the mileage of the car. Vehicle valuation in this case occurs on a date close to the current date. The final market value of the car should ideally tend to its value. residual value to minimize tax deductions.

The cost of the service will be from 1,500 rubles. If you need to evaluate a small fleet of cars or your organization intends to continue using the services of our company, then in such cases we provide significant discounts for repeated requests.

3. When dividing property in the event of a divorce.

In such cases, most often the spouse takes the car and decides to keep it. The wife, in turn, files a claim for the division of property, which includes the car. The ex-husband insists that the car is all broken, battered, does not drive at all anymore and stuff like that. The ex-wife, on the contrary, claims that the car was bought new, from official dealer, under warranty, winter tires, satellite alarm system, leather interior, etc. A judge and an independent appraiser are capable of settling this dispute.

The cost of services when evaluating a car during the division of property is from 1,500 rubles.

The huge Russian automotive market and the legal and civil relations defined by law, both between individuals and legal entities, make such a service as a car assessment extremely popular and in demand. Sooner or later, but every vehicle owner will have to face the need to assess the car, and the positive outcome of the set goal depends entirely on how well the examination procedure is carried out.

Vehicle valuation is required in many situations. The most common of them at the moment are: conducting an examination for the purpose of entering into an inheritance, buying and selling a car, resolving divorce property disputes in court, obtaining a loan secured by a vehicle, assessing damage after a traffic accident. Quite often, there is a need to evaluate a car for legal entities: to determine its value when decommissioned, form the authorized capital, put the vehicle on the balance sheet or remove it from the balance sheet, and in many other situations.

To solve all these issues, there are appraisal companies whose highly qualified specialists evaluate the vehicle and draw up a complete report on the work done.

If we talk about the valuation of the car itself, then the process itself consists of several stages. First of all, the customer must contact the expert and discuss the set goals with him, then conclude an agreement and transfer the package required documents. Further, the expert conducts a number of evaluation activities based on the study of documents issued by the customer, a complete analysis of the automotive market data, the choice of an evaluation methodology using comparative and cost approaches, and generalization of the results obtained. The appraiser describes all his conclusions in the appraisal report, which he sends to the customer.

To conduct an assessment, the customer must provide the passport information of the owner or documents of a legal entity (in the case of an assessment for this category of clients). Of the mandatory title documents, you must have a car registration certificate and a passport technical means, as well as a death certificate, if we are talking about an assessment for entering into an inheritance. It is also desirable to have additional certificates of ongoing major repairs, damage received by the car, photographs and other documents that allow the expert to make the most accurate assessment of the car.

What affects the market value of a car

The main task of the expert is to establish the market value of the car, which is influenced by a number of factors: the make of the car, the year of its production, specifications, mileage. Also important is consumer demand for automotive market recorded at the time of the assessment.

The cost of car valuation depends on the type of vehicle (bus, car or freight car, special equipment) and varies from 1,000 to 5,000 rubles.

What does a car appraisal report look like and what does it include?

It is this report that the appraiser provides - a document that has an official status and has legal force. The appraisal report is drawn up in full compliance with the Russian legislation governing appraisal activities, in which the expert must present his opinion on the market value of the car, based on an analysis of the collected materials and professional calculations. Usually the appraisal report consists of thirty or forty sheets, each of which must be numbered, the report itself is stitched and sealed with the appraisal company's seal. Copies of title documents submitted by the customer, documents of the appraiser, all auxiliary materials used in the assessment, photographs of the car are attached to the report.

Many people try to evaluate the car themselves. This is not to say that this is impossible, however, having decided not to contact the appraiser, you should not forget about two important points. Firstly, a highly qualified specialist will still conduct a more objective and complete assessment of the car, and secondly, in some cases (especially when it comes to submitting documents to the court), an official assessment report is required.

Nevertheless, you can look for information on sites that post ads for the sale of cars, find several of the most similar offers in terms of age, mileage and engine size. Next, find the average cost of such cars and approximately get the cost of yours.

What are the terms of the car appraisal?

Terms of execution of the order - from 1 hour to 2 days.

How long is a car appraisal report valid?

The market value of the car indicated in the report can be used to make transactions with the appraisal object. However, in accordance with the law, the valuation report is only valid for six months. After this period, he loses his legal status, and therefore - in the event of such a need - it will be necessary to conduct a new examination to assess the car.

We draw your attention to the fact that often in our practice there are situations when one of the spouses (more often the ex-wife) does not have any documents for the car. I only have a certificate from the traffic police stating that such and such a car is registered to such and such a person. An assessment in this case is possible, but the report will mention a number of assumptions and limitations that the description of the car is given according to the Customer, the car was not inspected. The courts meet and accept such car appraisal reports into court proceedings.

Category of persons entitled to evaluate vehicles for the purpose of calculating the state duty by notaries

From the provisions of Art. 333.25 of the Tax Code of the Russian Federation it follows that for the performance of notarial acts to certify the right to property subject to state registration, the state fee is paid (clause 5 clause 1 article 333.25 of the Tax Code of the Russian Federation). When calculating the state duty, the amount of the contract specified by the parties is accepted. To calculate its amount, the payer of the state duty submits a document indicating the inventory, market, cadastral, or other (nominal) value of the property, issued by organizations (bodies) that carry out the assessment, or by appraisers (experts). At the same time, notaries officials, performing notarial acts, are not entitled to determine the type of property value (method of its valuation) in order to calculate the state duty and require from the payer a document confirming the value of property (method of valuation).

Regarding the circle of persons who have the right to assess the cost of vehicles, it should be noted that according to changes in pp. 7 p. 1 art. 333.25 of the Tax Code of the Russian Federation from May 7, 2010, the cost of vehicles for the purpose of calculating the state duty for notarial acts can be determined (clause 7, clause 1, article 333.25 of the Tax Code of the Russian Federation, as amended by the Law):

organizations that evaluate vehicles;
specialist appraisers (experts);
judicial-expert institutions of the body of justice.

The size of the state fee for the performance of notarial acts upon inheritance

for the issuance of a certificate of the right to inheritance by law and by will:
- children, including adopted children, spouse, parents, full brothers and sisters of the testator - 0.3 percent of the value of the inherited property, but not more than 100,000 rubles;
- to other heirs - 0.6 percent of the value of the inherited property, but not more than 1,000,000 rubles;
for taking measures to protect the inheritance - 600 rubles.

COURSE WORK

on the course "Evaluation of machines, equipment and vehicles"

on the topic: Estimation of market value motor vehicle

(in the form of a conclusion (report) on the assessment of the GAZ 3307 car)

Determination of the market value of vehicles

Market price- the estimated amount of money for which the seller, having full information about the value of the property and is not obliged to sell it, would agree to sell it, and the buyer, who has complete information about the value of the property and is not obliged to purchase it, would agree to purchase it.

Description of the object

Vehicle type: cargo-passenger;

An identification number: HTN 33073081611304

brand, model GAZ 3307;

Model, engine number: 51100A - U1019578;

Body No.: 309;

Chassis No.: S1611304 ;

White color ;

Date of issue: 1995

Vehicle Passport: 24 KS 970984;

Method of calculation

The cost approach in the evaluation of vehicles is based on the fact that the costs of its manufacture are taken as the cost of the vehicle being evaluated. Since vehicles are objects of serial and large-scale production, the cost approach is unacceptable in most cases. This is due to the fact that the manufacture of one vehicle is a unit production, in which the unit costs for manufacturing are several times higher than with serial production. The cost approach can be used when evaluating converted cars, cars made in the order of individual creativity, when restoring rare cars.

The income approach is based on determining the current value of the appraisal object as a set of future income from its use. Since only a specific production gives income, the income approach is not applied when assessing certain types means of labor, which are an element of production, and is mainly used only to assess the enterprise, production complexes and other business facilities. When evaluating income approach the discounted cash flow method and the income capitalization method are mainly used. For this reason, in this report, the valuation of the vehicle using the income approach is not carried out.

The market (comparative) approach is based on an analysis of the purchase and sale prices of vehicles currently prevailing in the primary and secondary markets. The basic principle used is a comparison to be made with a new vehicle, adjusted for wear and tear, in the absence of aftermarket data.

Determining the market value of a GAZ 3307 car with a cost approach

The market value of the vehicle is calculated using formula 1:

Рst \u003d Cv - I, 1)

Where - St - the cost of restoration or replacement cost. In our case, it will be correct to use the replacement cost, using a more modern and functional analogue.

And - the total accumulated wear, which is calculated according to formula 2:

And \u003d 1- (1-I. physical) * (1-Ifunction) * (1-Iek),

Where - And physical - physical wear,%

Ifunction - functional wear, %

Iek - economic depreciation,%

Determining the amount of physical wear

For a more objective determination of physical wear and tear, we will use the developed guidelines and methods:

1. RD 37.009.015. - 98 with amendments No. 1,2,3 of 2001.

2. RD 37.009.015. - 98 with amendments No. 1,2,3,4 of 2005.

3. The method of calculating wear according to Yu. V Andrianov

4. Method according to the rate of depreciation

5. Expert method

Calculations of physical wear according to the above methods are presented below in tables 1-5.

Determination of the market value of a car, taking into account the mileage and duration of operation (Methodological guide for determining the cost of vehicles, taking into account natural wear and tear and technical condition at the time of presentation of RD 37.009.015-98. M .: NAMI, 1998.) In accordance with the methodological guidelines, wear (Utr, %) when evaluating a vehicle can be calculated using formula 3:

Itr \u003d (I1 * Pf + I2 * Df) * A2 * A3 * A4 3)

Table 1. Initial data of the vehicle

Index	Value
	GAZ 330730 (Van)
Year of issue



Table 2. Calculation of physical wear according to RD 37.009.015-98 (with amendments No. 1, No. 2, No. 3) 2001
Index	Value
I1 - wear indicator by mileage,% / 1000 km of run
Pf - actual mileage from the beginning of operation or after overhaul as of inspection date, thousand km
Average annual mileage, thousand km
I2 - time indicator of aging, % / year
Df - actual duration of operation, years

The calculation of physical wear according to RD 37.009.015 - 98 (as amended No. 1, 2, 3.4) 2005 is carried out according to formula 4:

Itr \u003d I2 * Df + I1 * (Pf - Ps * Df)) * A2 * A3 * A4 4)

Table 3. Calculation of physical wear according to RD 37.009.015-98 (as amended No. 1, 2, 3.4) 2005

Index	Value
I2 - the average annual wear for the year of operation of the facility (values for various types AMTS are shown in the tables below), percentage
Df - actual duration of operation, years
Pf - actual mileage from the beginning of operation or after a major overhaul as of the date of inspection, thousand km
Average annual mileage, thousand km
PS - normative average annual mileage, thousand km.
I1 - wear correction coefficient depending on the deviation of the actual AMTS mileage from the normative annual average, equal to ±0.25% per 1000 km. deviations
A2 - wear correction factor depending on natural and climatic conditions
A3 - wear correction factor depending on the environmental condition environment
A4 - depreciation correction factor, taking into account the type of region in which the ATE was operated
Itr - physical wear and tear of the vehicle, %

The calculation of physical wear according to the rate of depreciation is carried out according to formula 5:

Ytr \u003d Na * Df / 100.5)

Where - On - the rate of depreciation for mobile transport. (see Uniform Norms depreciation deductions). The calculation is presented in table 4.

Table 4. Calculation of physical wear according to standard indicators

Formulas for calculation are presented in the table. According to specially designed tables, using the omega value, the function finds physical wear and tear. The calculated physical wear should be equal to or slightly different from the table.

In accordance with RD 34.009.015.98, when determining the amount of wear, you can also use the expert way, the essence of which is that the amount of wear can be established based on the experience of an expert. The expert method adopted wear equal to 60%.

The calculated values of wear are coordinated and we obtain the final physical wear. (Table 6), which amounted to 62%.

Table 6. Coordination of the amount of physical wear and tear of the vehicle

Assessment Method	The amount of physical wear, %	Weight coefficient	Result, %
Method according to RD 37.009.015-98
Method according to normative indicators

Expert method according to RD 37.009.015-98
Rd with changes 1,2,3, 4 2005
Weighted average value of physical depreciation
			ModelGAZ 3307
			ModelGAZ 3307
			ModelGAZ 3307
			ModelGAZ 3307
			ModelGAZ 3307
			ModelGAZ 3307
			ModelGAZ 3307
			ModelGAZ 3308
			ModelGAZ 3308
Market value, rub. ( average value sample CSR)

Thus average cost car GAZ 3307 is 110330 rubles.

The selected data were subjected to statistical processing.

Use of statistical methods in the evaluation process

One of the main elements of the valuation process of machines is the collection of information, in particular on their market prices. As a rule, here the appraiser is faced with such a phenomenon when the prices of almost identical cars obtained from different sources differ from each other. In this case, the price values collected by the appraiser are said to be random (or stochastic) values.

Based on the information collected, the appraiser in this case has to determine statistical estimates of a number of values, in particular, the average value of the market price of the appraised object. With small amounts of information collected, the evaluator must be confident in its quality. Therefore, already at the stage of preliminary information processing, he must screen out outliers in the sample and test the hypothesis of normal distribution. Only after this it is possible to apply methods and relationships well developed for the normal distribution.

However, in practice, the estimator always uses data from a sample of the population. In this case, some basic properties of random variables can be described more simply from the sample data using parameter estimates of their distribution functions, also called statistics. You can talk about mathematical statistics in detail for a long time, as there are quite a lot of ways of statistical processing.

The most important of the statistics are: mean (arithmetic mean) sample value (estimate of mathematical expectation), which is calculated by formula 6.

Formula 6

Where x i is the value of one of the sample parameters

Characteristic of the scatter of observed values - sample variance(variance estimate s2) is calculated by formula 7

Formula 7

Where n is the number of observations in the population

The mean square (standard) deviation of the sample is calculated using formula 8.

Formula 8

Standard deviation s- a measure of the spread of a random variable around the mean value, which has a dimension that coincides with the dimension of the random variable, which is useful in determining the errors of calculated estimates.

Data scatter characteristics also include the coefficient of variation (ν) samples. (formula 9)

Formula 9

The value of n expresses the standard deviation s as a percentage of the average x cf the data set and can therefore be used to assess their accuracy. The sample is accurate if the coefficient of variation is less than 33%.

Collect data on all values x i from the general population is almost impossible. Therefore, in reality, the appraiser is content with the sample, and the methods of mathematical statistics help him to judge the properties of the entire population based on the known properties of objects from the sample.

Let's carry out a dispersion analysis of the data, calculating the main statistical characteristics.

Using the data of the general population and the above formulas for calculating statistical values, we obtain:

The average value was - 110330 rubles.

The standard deviation was 10,781 rubles.

The coefficient determining the accuracy of the sample (coefficient of variation) was 10%, which satisfies the accuracy of the normal distribution (the accuracy should be less than 33%)

Building a regression equation model

The next step is to estimate the error in the average price using, for example, interval estimates. Further, when constructing an object price model, the appraiser needs, using correlation methods, to assess the degree of influence of various factors on it, to classify the factors and, finally, to build the model itself in the form of a regression equation. For this purpose, we use the same sample of the general population, where the year of manufacture, mileage, and market value are known for objects, Table 11

Table 11. Market sales data

Year of issue	Service life, years	Mileage, km	Cost, rub.	Casting factor	value adjusted	A source of information

Calculation of the market value of the car by the service life

Using the construction of trend lines in the chart wizard, we obtain a trend equation with a correlation coefficient of 0.63. The correlation coefficient should have a value close to 1, however, due to the fact that it was possible to select a small number of analogue objects, the correlation coefficient is much less than 1. In our case, we use the trend equation of the form y = -50992Ln (x) +66.967 and the correlation coefficient (R 2) = 0.63 (see figure 1)

Figure 1 Graphs of dependence of the market value of the object on the period of operation

The service life of the object of assessment is known to us and is 12.42 years. We substitute this value into the dependence equation of the form y \u003d -50992Ln (x) + 66.967 instead of the value X and we get that the market value of the car in terms of service life was 5000 rubles. The found value does not satisfy the average market value of a used car. Therefore, we calculate the dependence of the market value of the car on the mileage. We get an equation of the form: y=39451e -2E-06X and a correlation coefficient of 0.59, which is also explained by a small sample.

The mileage of the appraisal object is known to us and is 40 thousand km. Substituting this value instead of X into an equation of the form y \u003d 39451e -2E-06X, we get the market value for mileage amounted to 39448 rubles. With

	Calculation of the market value of the car by the mileage of the vehicle
	Mileage, thousand km			Market value of the vehicle, rub.
		*40,00*
Determination of the weighted average market value of property (trend method)
	Assessment Method	The value of the cost, rub.	Weight coefficient	Results, rub.
	Mileage trend
	Service life trend
	Weighted average market value of property, rub.


Table A1.3.2 Determination of the weighted average market value of property (comparative approach)
Assessment Method			The value of the cost, rub.	Weight coefficient	Results, rub.
Regression analysis method (trends)

Market value of the property

The sales comparison approach is based on the assumption that market entities act based on information about similar transactions. The principle of substitution assumes that a prudent buyer will pay for an object put up for sale an amount not exceeding that for which an object of similar quality and suitability can be purchased.

When applying this approach to valuation, the value of the object being valued is determined by analyzing the sales prices of similar cars with their subsequent adjustment in accordance with the differences between the car being valued and analogues.

The main steps in applying this approach are as follows:

· selection of information on sales, offers for sale of objects similar to those being evaluated;

choice of comparison parameters;

comparison of the object and analogues by elements of comparison and adjustment of sales prices of analogues to determine the value of the object of assessment;

· harmonization of data on analogues and obtaining the value of the object being evaluated.

Due to the fact that the volume of offers of cars with a release date, technical condition, mileage comparable to the estimated is limited, the sample included cars of this model, with different mileage and technical condition.

Table 3 - Objects analogues

No. p / p	Name	The source of information	Price in rubles
	UAZ 3962, mileage according to the standard, 1998	Newspaper "Chance", "Abaza Courier", 2005
	UAZ 3962, mileage according to the standard, 1992
	UAZ 3952, mileage according to the standard, 1995

Rationale for Adjustments

In the calculation, absolute adjustments were used to make adjustments. The cost of analogue objects obtained as a result of applying adjustments are summed up with weights that take into account the degree of proximity of the analogue object to the object being evaluated. The resulting amount is the value of the property being valued using the direct sales comparison approach.

Issue date adjustment

When determining the adjustment for the release date of this car model, it was taken into account that, according to the available data, the transaction price in the car market with different release dates is different. The amount of the adjustment was determined by the appraiser on the basis of RD 37.009.015-98 with changes 1,2 and 3.

Bargaining Adjustment

A bargaining adjustment was made to take into account the change in the value of the object caused by the presence of potential sellers on the market who sell objects at offer prices, which are 5-10% higher than the real value of the object.

Table 4 - Calculation of the cost of vehicles by a comparative approach

Comparison elements		Comparison Objects
Comparison elements		Estimated object
Offer price of the object
adjustment
adjusted price
Year of issue
adjustment
adjusted price
The value of the object of assessment by the comparative approach

As a result of the successive implementation of all the above adjustments, the final cost of the appraised UAZ 3962 vehicle, determined using the direct comparative sales analysis approach, was 61,560 (sixty one thousand five hundred sixty) rubles 00 kopecks.

Consolidation of evaluation results

When determining the final cost, the advantages and disadvantages of the approaches used, the features of the object being evaluated and the current state of the car market for this model were taken into account. In the opinion of the evaluator, all approaches yielded meaningful results. But, given that market value in today's situation is not determined solely by market demands, the appraiser tends to give equal weights to the direct sales comparison approach and the cost approach.

Table 5 - Reconciliation of the results of the vehicle assessment

As a result of the research, analysis and calculations, the market value of the UAZ 3962 car is: 54,000 (fifty-four thousand) rubles 00 kopecks.

Tags: Assessment of the market value of a vehicle (in the form of a conclusion (report) on the assessment of a GAZ 3307 car) Coursework (theory) Anti-crisis management

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METHODOLOGY FOR ASSESSING THE RESIDUAL COST OF VEHICLES WITH ACCOUNT OF TECHNICAL CONDITION - R-03112194-0376-98 (approved by the Ministry of Transport ... Actual in 2018

VEHICLE EVALUATION REPORT EXAMPLE

1. The basis for the assessment: agreement on the assessment of the vehicle dated January 4, 1999 N 1 with the Customer - Limited Liability Company "ROSTO".

2. Goals and objectives of the assessment: assessment of the residual value of the vehicle for the purposes of sale.

3. Object of assessment - a vehicle:

Type - car

Make, model - MERSEDES-BENZ 300 SE 2.8

Vehicle passport: series 77АА N 1234567

Special notes: the car was imported from Germany to the Russian Federation, cleared by customs, registered with the traffic police and put on the balance sheet of ROSTO LLC in January 1996. Total number of car owners - 2 (one in Germany - according to the German technical passport, one in Russia - in accordance with the vehicle passport).

4. Owner of the vehicle: ROSTO LLC.

Owner's address: 123456, Moscow, Moskovskaya st., 1.

6. Place of assessment: Moscow

7. Book value of the vehicle: 125 thousand rubles.

8. The following documents are used in the assessment:

8.1. Vehicle Appraisal Standards:-

8.2. Methodical and normative - technical papers: "Methodology for assessing the residual value of vehicles, taking into account the technical condition. Р-03112194-0376-98". Approved by the Ministry of Transport of the Russian Federation on December 10, 1998.

8.3. Information support: directory SUPERSCHWACKE (EUROTAX), directory CALCULATION (EUROTAX).

9. Calculation of mileage from the beginning of operation:

The car was operated for the first 3 years in Germany, the next 3 years - in Russian Federation. According to the SUPERSCHWACKE (EUROTAX) handbook, the MERSEDES-BENZ 300 SE 2.8 belongs to category 5.4. The actual mileage from the start of operation is calculated by formula (13) in accordance with the data in Table P6.2 and Table P6.3 "Methods for assessing the residual value of vehicles, taking into account the technical condition. Р-03112194-0376-98" as follows:

Actual mileage since the beginning of operation (determined by calculation): 109.9 thousand km.

10. Calculation of the residual value of the vehicle.

10.1. Calculation of the residual value of an unfinished vehicle in working condition, on which the replacement of units and re-equipment was not carried out, and there are no malfunctions and operational defects.

The calculation is carried out market method. According to newspapers, magazines and other printed publications with information on the cost of used imported cars, as well as data from thrift stores, a sample of the following cost values was obtained passenger car models MERSEDES-BENZ 300 SE 2.8 with an age of 6 years and a mileage since the start of operation of about 110 thousand km within secondary market vehicles of the Moscow region: $17,000, $16,500, $20,000, $17,000, $16,500, $18,000, $18,200, $17,500.

Calculated value = $17587.5.

The dollar exchange rate as of January 10, 1999, set by the Central Bank of the Russian Federation, is 22 rubles per 1 US dollar. Calculated value = 386925 rubles.

The coefficient of variation is 0.065. The sample is homogeneous.

10.2. The calculation of the physical wear and tear of the vehicle I_f on the date of assessment is carried out according to the formula (20) "Methods for assessing the residual value of vehicles, taking into account the technical condition. R-03112194-0376-98". In accordance with Table 2 of this methodology, the OMEGA value for passenger cars of European production is calculated:

OMEGA = 0.05 x 6 + 0.0025 x 109.9 = 0.30 + 0.275 = 0.575.

According to formula (20) or according to the table of Appendix 9 "Methods for assessing the residual value of vehicles, taking into account the technical condition. Р-03112194-0376-98" we determine that with OMEGA = 0.575 physical wear and tear is 43.7%.

Physical depreciation of the vehicle on the date of assessment I_f = 43.7%.

10.3. Calculation of the residual value component, taking into account the replacement of units (assemblies, systems, equipment) basic configuration to similar ones.

10.3.1. Calculation on the date of assessment of the physical wear of tires, battery and muffler installed when replacing similar components and elements.

Since there are no damages and defects of tires, the physical wear of tires is calculated by the formula:

The physical wear of the tires installed on the car is equal to:

The physical wear of the spare wheel tire is:

Physical deterioration battery equals:

The calculation of the physical wear of the muffler on the date of assessment is carried out according to the formula (20) "Methods for assessing the residual value of vehicles, taking into account the technical condition. Р-03112194-0376-98". In accordance with Table 2 of this methodology, the OMEGA value for passenger cars of European production is calculated:

OMEGA \u003d 0.05 x 3 + 0.0025 x 41 \u003d 0.15 + 0.103 \u003d 0.253.

10.3.2. The values of the cost in a new condition and the physical wear and tear of units (elements) of the basic configuration, installed instead of similar ones, are shown in Table 1.

Table 1

The calculated value of the residual value component, taking into account the replacement of units (assemblies, systems, equipment) of the basic configuration with similar ones, is equal to:

10.4. The calculation of the component that takes into account the dismantling of the vehicle (except for replacements during re-equipment) is carried out in accordance with Table 2.

table 2

The calculated value of the component, taking into account the dismantling of the vehicle (except for replacements during re-equipment), is equal to:

10.5. Calculation of obsolescence of the vehicle on the date of assessment.

According to the "Methodology for assessing the residual value of vehicles, taking into account the technical condition. R-03112194-0376-98", the production of the MERSEDES-BENZ 300 SE 2.8 passenger car was discontinued in 1994. Since less than 10 years have passed since the valuation date after the removal of the car from production, the calculation of the value of the first obsolescence factor, which takes into account the removal of the vehicle from production as of the valuation date, is carried out according to the formula:

I_M1 \u003d 2 x T_sn% \u003d 2 x 4 \u003d 8%.

The obsolescence factor, which takes into account the termination of the production of spare parts for the vehicle, is equal to I_M2 = 0%, since according to the CALCULATING (EUROTAX) reference book, the production of spare parts for the MERSEDES-BENZ 300 SE 2.8 continues. These spare parts can be purchased in the Moscow region. The obsolescence factor, which takes into account the earlier hit of the vehicle in the road - traffic accident(indicated in the customer's application), is equal to I_M3 = 5%. Obsolescence factor, taking into account the number of owners, I_M4 = 0%, since the total number of owners of the assessed car is less than 4.

Moral depreciation of the vehicle on the date of assessment I_M = 13%.

10.6. Calculation of the component that takes into account the re-equipment of the vehicle by installing additional equipment without replacement of units of basic configuration on the date of assessment, is carried out in accordance with table 3.

Table 3

The calculated value of the component that takes into account the re-equipment of the vehicle by installing additional equipment without replacing the units of the basic configuration as of the assessment date is equal to:

10.7. Calculation of the cost of S_zd elimination of failures, malfunctions and operational defects at the valuation date is carried out as follows.

The cost of repair work is calculated in accordance with table 4.