METHODOLOGICAL AND PRACTICAL ISSUES OF EVALUATING THE VALUE OF VEHICLES: INSIGHTS FROM FOREIGN EXPERIENCE


Rasulov Mirzohid
Master student, Tashkent Institute of Finance
Abstract
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 Glasss Guide, are highlighted to illustrate best practices in vehicle valuation.
Keywords: vehicle valuation, depreciation, vehicle condition, market demand, data collection, standardization, valuation models, valuation algorithms.
Journal Name :
EPRA International Journal of Economics, Business and Management Studies (EBMS)

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Published on : 2023-05-13

Vol : 10
Issue : 5
Month : May
Year : 2023
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