Enter the actual current value ($) into the Calculator. The calculator will evaluate the Trade-In Value.

## Trade-In Value Formula

TIV = AV - AV*.20

Variables:

- TIV is the Trade-In Value ($)
- AV is the actual current value ($)

To calculate Trade-In Value, subtract 20% of the true value of the asset from the true value of the asset.

## How to Calculate Trade-In Value?

The following steps outline how to calculate the Trade-In Value.

- First, determine the actual current value ($).
- Next, gather the formula from above = TIV = AV – AV*.20.
- Finally, calculate the Trade-In Value.
- After inserting the variables and calculating the result, check your answer with the calculator above.

**Example Problem : **

Use the following variables as an example problem to test your knowledge.

actual current value ($) = 30000