Enter the current value of the car or asset ($) into the Calculator. The calculator will evaluate the Write Off Value. 

Write Off Value Formula

WOV = .50 * CV

Variables:

  • WOV is the Write Off Value ($)
  • CV is the current value of the car or asset ($)

To calculate Write Off Value, multiply the current value of the asset by 50%.

How to Calculate Write-Off Value?

The following steps outline how to calculate the Write Off Value.

  1. First, determine the current value of the car or asset ($). 
  2. Next, gather the formula from above = WOV = .50 * CV.
  3. Finally, calculate the Write Off 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.

current value of the car or asset ($) = 25000