[SIZE=3]Hello. I hope I'm in the right section. I would like to know how to depreciate a car. We are planning to sell one of our cars, but I don't have an idea as to how much value should be deducted on a yearly basis. Are there any rules? The aforementioned car will turn 4 this coming July, and it has logged ~35,000 kilometers. Its brand new price is ~P2.6 M. We tried to trade it in, but the dealer gave an appraisal of only P1.1 M. It's a Nissan Murano, btw. Thanks. :D[/SIZE]