Depreciation for Used Machine Purchases

Dear Friends,
There is no any changes in life or depreciation % between used machine and new machines?....
Replies (5)
Quick Summary
This discussion explores whether there's a difference in depreciation percentages between new and used machinery. Key factors influencing depreciation calculations, such as asset cost, salvage value, useful life, and obsolescence, are highlighted. Advice is offered that the useful life of machines can be determined by chartered licensed engineers.

There are four main factors that affect the calculation of depreciation expense: asset cost, salvage value, useful life, and obsolescence.

Dear Sir, What about depreciation rate and life in years for used machines?

life of machines can reveal from chartered licensed concern engineers

Dear Sir, Thank u so much for your kind assistance
Agree with Mr. Rama

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