Trade-In Value Calculator

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

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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.

1. First, determine the actual current value ($). 
2. Next, gather the formula from above = TIV = AV – AV*.20.
3. Finally, calculate the Trade-In Value.
4. 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