Quote:
Originally Posted by Hehe
The idea is to buy something exotic in the 250k-300k range. And let's say it's 2yr sharp with 300k car... so the valuation for PST consideration is 300k*0.4=120k.
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FYI if it is reduced 30% per year then you have to calc it like this:
300k*0.7=210k 1st year
210k*0.7=147k 2nd year
It's 30% of the new lesser amount not the original amount