First of all there is no appeal available if your application is refused. You can approach the federal court to review the decision of the visa officer if it was made in error.
As regards your PoF, did you explain all these in your LoE? Also, did you show the sale of your vehicle documents.
The minimum funds have to be met, but along with that you also have to show that those funds were yours, and not borrowed.
So any transfers of funds that have taken place should have been explained and proof shown.
If you have filed for reconsideration, it can take 1-5 weeks for the VO to respond back. Also, if you just drafted the reconsideration request yourself, without seeking professional help from a lawyer, you have already diminished your chances.
IRPA clearly states:
76 (1) For the purpose of determining whether a skilled worker, as a member of the federal skilled worker class, will be able to become economicallyestablished in Canada, they must be assessed on the basis of the following criteria: | 76 (1) Les critères ci-après indiquent que le travailleur qualifié peut réussir son établissement économique au Canada à titre de membre de la catégorie des travailleurs qualifiés (fédéral) : |
(a) the skilled worker must be awarded not less than the minimum number of required points referred to in subsection (2) on the basis of the following factors, namely, | a) le travailleur qualifié accumule le nombre minimum de points visé au paragraphe (2), au titre des facteurs suivants : |
(i) education, in accordance with section 78, | (i) les études, aux termes de l’article 78, |
(ii) proficiency in the official languages of Canada, in accordance with section 79, | (ii) la compétence dans les langues officielles du Canada, aux termes de l’article 79, |
(iii) experience, in accordance with section 80, | (iii) l’expérience, aux termes de l’article 80, |
(iv) age, in accordance with section 81, | (iv) l’âge, aux termes de l’article 81, |
(v) arranged employment, in accordance with section 82, and | (v) l’exercice d’un emploi réservé, aux termes de l’article 82, |
(vi) adaptability, in accordance with section 83; and | (vi) la capacité d’adaptation, aux termes de l’article 83; |
(b) the skilled worker must | b) le travailleur qualifié : |
(i) have in the form of transferable and available funds, unencumbered by debts or other obligations, an amount equal to one half of the minimum necessary income applicable in respect of the group of persons consisting of the skilled worker and their family members, or | (i) soit dispose de fonds transférables et disponibles — non grevés de dettes ou d’autres obligations financières — d’un montant égal à la moitié du revenu vital minimum qui lui permettrait de subvenir à ses propres besoins et à ceux des membres de sa famille, |
(ii) be awarded points under paragraph 82(2)(a), (b) or (d) for arranged employment, as defined in subsection 82(1), in Canada. | (ii) soit s’est vu attribuer des points aux termes des alinéas 82(2)a), b) ou d) pour un emploi réservé, au Canada, au sens du paragraphe 82(1). |
To read more on the law, see
http://canlii.ca/t/gx2cl