When carrying out calculations incorporating user-defined preferences and adjustments, Portfolio Valuations follows the following sequence:
· Rounding – % adjustment will be rounded to the nearest £25 for LCVs/HGVs and bikes. Cars follows the following rounding method:
Nearest £10 if the car is worth less than £1k,
Nearest £25 if the car is worth less than £10k
Nearest £50 if the car is worth less than £30k
Nearest £100 if the car is worth more than £30k
· Final percentage adjustment (% adjustment will be rounded to the nearest £25) – if applicable
· Final value adjustment – if applicable
· VAT removal – if applicable