Estimated Useful Life of Motor Vehicles

Hi, Sammy,

I don't think it is common to measure a vehicles useful life in kilometres. I know that many Councils have policies about when a vehicle is traded in that are tied to kilometres, but this isn't necessarily the same as useful life.

At Bundaberg I believe we adopt a range of useful lives for vehicles depending on the make and model and a number of other considerations, including resale value etc.

I also understand that our fleet guys sometimes use the following site when trying to determine useful lives, etc.

http://www.redbook.com.au

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