Values of Assets

What is the name of your state?

Michigan

How are the values of assets like Vehicles and Motor Cycles valued??

Retail or Trade in ????

Depends

In my experience (which isn't much), usually a fair market value is the difference between both of those. Somewhere in the middle. I have seen this several times in the past 10 years and in all cases both parties have agreed it to be a fair market value.

try www.kbb.com (Kelly Blue Book). It will give you three options on how to figure out the value of a used car.