FlyerTalk Forums - View Single Post - damaged suitcase - "20% annual depreciation" question
Old Oct 23, 2023 | 4:35 pm
  #28  
Dave Noble
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Originally Posted by srbrenna
For your car comparison you have many trade manuals from which you can get a value from.

I’m sure there is an equivalent for suitcases? I bought Mrs srbrenna a nice cabin Rimowa Topas five years ago from some nice chaps in Germany. The same suitcase would now cost nearly double. How does that work out? In the same way that you’d argue that your E-Type is now basically worthless based on a 20% depreciation?
Except BA (a) does not use 20% - regardless of what K2 may try to scam , but 10% and (b) depreciates down to 50%

What they cost new doesn't matter , what matters is what the item is valued at now - it would be saying that your case is now worth 50% of what you paid for it. A guide would be what the normal depreeciation rate that the tax office would allow for such an item
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