Sentences with phrase «car than its fair market value»

If you owe more on your car than its fair market value and are concerned about the possibility of an accident, opt for gap insurance.

Not exact matches

For a car worth more than $ 500, the amount you can deduct is generally the lower of either how much the organization resells it for or its fair market value on the donation date.

Once we get the amount your car is worth, Utah prohibits title loan companies from lending you more than the fair market value of your car.

Unfortunately, determining fair market value of a vehicle after a car accident can be confusing, and the insurance company certainly isn't going to give you more than you ask for.

But if the charity sells the car, you're only able to write off they amount that they were able to get for it, even if it was less than the fair market value.

Since your new vehicle starts to depreciate in value from the moment you drive it off the showroom floor, this policy is the only one available that recognizes more than the «fair market value» of the car.

This means that regardless of the amount of damage, an insurance carrier will not pay you more than the car's fair market value.