The rate of depreciation for all other parts including wooden parts under the policy are as follows: Vehicle’s AgeRate Of Depreciation < 6 MonthsNil > 6 Months & < 1 Year5% > 1 Year & < 2 Years10% > 2 Years & < 3 Years15% > 3 Years & < 4 Years25% > 4 Years & < 5 Years35% > 5 Years & < 10 Years40% > 10 Years50%