Meerkat, let me fish around for my Ikon papers and I can tell you what the depreciation rate has been over the past few years.
The only thing I can tell you with certainty is that - new car premium is calculated on ex-showroom less 5% (just got our Fiesta last month and that's what it was) and, for your 2nd year, why don't you try with a 15% only? If they say thats not permissible (that its higher than permissible), ask them to show you the tables. |