Depreciation rate

  • beaujangle

    Posts: 1701

    Dec 16, 2010 10:50 AM GMT
    I'll be moving soon to another state/ country and I think I'll sell my stuff. In general, what is the rate of depreciation per year? I'm referring mainly to eletrical goods such as digital tv, etc? They are all less than 1 year old and in very good condition.

    Thanks!

  • Bunjamon

    Posts: 3161

    Dec 16, 2010 1:04 PM GMT
    Think about what you yourself would be willing to pay for the exact same good if you were about to buy it as is, and price accordingly.
  • coolarmydude

    Posts: 9190

    Dec 16, 2010 1:26 PM GMT
    In the US Army, we have a section in one of our logistics regulations that covers depreciation. Google "AR 710-1" and go to appendix B. You'll find it in there. Click the PDF version from here: http://www.apd.army.mil/series_pubs.asp
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    Dec 16, 2010 3:35 PM GMT
    beaujangle saidI'll be moving soon to another state/ country and I think I'll sell my stuff. In general, what is the rate of depreciation per year? I'm referring mainly to eletrical goods such as digital tv, etc? They are all less than 1 year old and in very good condition.

    Thanks!



    Basically the price is whatever someone else is willing to pay. Check out similar items on Ebay and see what it's going for.

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    Dec 16, 2010 4:16 PM GMT
    I would say that things like electronics depreciate by half the minute you take them out of the box and start using them.
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    Dec 16, 2010 9:08 PM GMT
    Items on ebay generally sell for more than items on craigslist and such- but ebay charges you to post your item and they also take a cut of the final sale price...

    ...you also might not be able to sell certain items that were cheap to begin with-

    TheProduct saidI would say that things like electronics depreciate by half the minute you take them out of the box and start using them.


    The value of goods drops as soon as you take them out of the box- no need to use them.
    *Only 10% according to Best Buy icon_neutral.gif

    While working there I don't think I ever saw anyone purchasing "open item" items- "10%? That's just the tax."