METHODOLOGICAL AND PRACTICAL ISSUES OF EVALUATING THE VALUE OF VEHICLES-INSIGHTS FROM FOREIGN EXPERIENCE
Keywords:vehicle valuation, depreciation, vehicle condition, market demand, data collection, standardization, valuation models, valuation algorithms.
The accurate and reliable evaluation of vehicle value plays a crucial role in various aspects, including insurance, taxation, and resale. This article examines the methodological and practical issues associated with vehicle valuation and discusses foreign experiences to provide insights for improving valuation practices. Key factors considered in the evaluation process include depreciation, vehicle condition, and market demand. Several international valuation models, such as the Kelley Blue Book and Glass's Guide, are highlighted to illustrate best practices in vehicle valuation.