I started by looking at the selling prices of similar used cars. The first car, a 2024 Toyota RAV 4 2.5L i4 VXR Hybrid with 3800 km, sold for AED 143000 on 2024-06-07. The second car, a 2024 Toyota RAV 4 I4 2.5L Hybrid with 4250 km, sold for AED 133000 on 2024-08-28. Both cars are of the same variant (VXR HEV Top+) and in good condition. Given that the car to be estimated has a higher mileage of 29200 km, I adjusted the price downwards to account for the additional wear and tear. The average selling price of the two cars is AED 138000. Considering the higher mileage, I estimated a depreciation of around 10% from the average selling price, leading to a final estimate.