Err, take the original INVOICE (at least another 4k less than what you listed) and subtract .50 - 1.0 per mile.
Originally Posted by 27outboard
I just purchased a private party vehicle and mine worked to be exactly as ard's formula worked. 62K MSRP...58K purcahse price...13,000 miles at 1$...45K purchase.
'06 M3 Silver/Gray
'11 X5 35d Sparkling Bronze/Oyster
'88 M3 Silver/Black, 47k Miles, Stock, Garage Queen...