Cook1234 Neutral Newbie September 22, 2011 Share September 22, 2011 Do you think market value of a car is equals to its paper value plus body? It is only true for a car approaching 10yrs. For a new car, it is furthest away. When one sells his car for eg when car is 5year old, dealer may use paper value to bring down price of car. And when taking loans, banks may use market value to disperse more money and hence earn more interests. Does anyone have any different views? ↡ Advertisement Link to post Share on other sites More sharing options...
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