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Old 03-25-2015
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Dave Dave is offline
Join Date: Feb 2006
Location: Penn
Posts: 12,104

The classic formula was... depreciate the base chassis then add full retail cost of conversion.

Lets say a 2011 Mustang GT coupe is worth $18,000.00. And lets say conversion retail cost was $15,000.00. You would take the 18,000 and add 15,000 to come to $33,000.00.
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