Determining Value

Factors that affect the fair market value of an item include:

Combined, these factors define the value of an item. Since there is a strong relationship between age and the other factors, age is not included separately in the table below.

Value
 Factors Examples
High
 Style Top brands/manufacturers, features, materials, etc.
Condition Looks new, no noticeable wear
Use Is still useful for the average consumer today
Medium
 Style Mid-level brands/manufacturers, features, materials, etc.
Condition Shows slight wear
Use Could be used by most consumers today
Low
 Style Low end or outdated
Condition Obvious wear/use, but still functional
Use Not useful for most consumers today

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