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Old January 18th, 2009, 10:43 PM
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tbeard1999 tbeard1999 is offline
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Default Value of Used Starship

Here's a chart that I devised for CT showing the payoff amount for starships and the value of used starships:

EDIT: Revised

Code:
Year	 Balance 	 Value 
1	 0.79169 	 0.98961 
2	 0.78303 	 0.97879 
3	 0.77403 	 0.96754 
4	 0.76467 	 0.95583 
5	 0.75492 	 0.94365 
6	 0.74478 	 0.93097 
7	 0.73423 	 0.91778 
8	 0.72325 	 0.90406 
9	 0.71182 	 0.88978 
10	 0.69993 	 0.87492 
11	 0.68756 	 0.85945 
12	 0.67469 	 0.84336 
13	 0.66130 	 0.82662 
14	 0.64736 	 0.80920 
15	 0.63286 	 0.79108 
16	 0.61777 	 0.77222 
17	 0.60207 	 0.75259 
18	 0.58574 	 0.73217 
19	 0.56874 	 0.71092 
20	 0.55105 	 0.68882 
21	 0.53265 	 0.66581 
22	 0.51350 	 0.64187 
23	 0.49357 	 0.61697 
24	 0.47284 	 0.60000 
25	 0.45127 	 0.58333 
26	 0.42882 	 0.56667 
27	 0.40546 	 0.55000 
28	 0.38115 	 0.53333 
29	 0.35587 	 0.51667 
30	 0.32955 	 0.50000 
31	 0.30217 	 0.48333 
32	 0.27368 	 0.46667 
33	 0.24403 	 0.45000 
34	 0.21319 	 0.43333 
35	 0.18109 	 0.41667 
36	 0.14769 	 0.40000 
37	 0.11294 	 0.38333 
38	 0.07678 	 0.36667 
39	 0.03915 	 0.35000 
40	 0.00000 	 0.33333 
50	 -   		 0.28330 
60	 -   		 0.23330 
70	 -   		 0.15000
To Determine Balance Owed on a Financed Starship:

"Balance" is the fraction of the ship's starting cost that is owed at the end of the year.

So, if your players want to pay off a ship at the end of month 360, multiply its starting cost by .32955 to get what's owed.

To Determine Cost of a Used Starship

"Value" is the fraction of the ship's starting cost that a used ship of the indicated age will be worth on the retail market.

Find the age of the ship in years. Multiply its starting cost by the number in the Value column. This is the retail cost of a ship in good condition (i.e. with average wear and tear). For especially worn ships or ships in good condition, increase or reduce the effective age of the ship.

So a 30 year old ship that costs MCr100 new would cost MCr50.00 if in good condition. If it was badly used, it would cost the same as a 35 year old ship, or MCr41.667.

Notes

The values are based on my assumption that a bank would want to maintain a 20% equity cushion on a financed starship for years 1-28, with an increasing equity cushion thereafter. Thus, the average used ship values would have to support that. Also, it's dramatically desirable to allow for really old ships, so the depreciation tapers off after year 40.

Last edited by tbeard1999; January 19th, 2009 at 12:54 PM..
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