What is Vehicle Depreciated Price (VDP) and how is it used in Zimbabwe?

Published 2026-07-20 • 5 min

Quick answer

VDP is the customs-declared depreciated value used to calculate duty; learn how it's determined and practical tips to estimate it.

Explanation

VDP (Vehicle Depreciated Price) is the value customs uses to calculate taxable amounts when CIF isn't accepted as fair market value. ZIMRA may use reference price lists, auction values and vehicle condition to set VDP.

How to estimate VDP

  • Start from invoice/CIF
  • Apply depreciation band based on age and condition
  • Adjust for major damage or missing parts

Larheim can provide pre-purchase VDP estimates to reduce valuation risk.