Sentences with phrase «depreciate in value very»
He most likely will NOT be able to refinance his loan because the car will depreciate in value very quickly.
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Additionally, when you have very expensive luxury items such as custom stained - glass windows from Italy, a wine cellar stocked with Chateau Lafluer wine from France, and fine woven Persian rugs, you may have a difficult time convincing a typical insurance company of their value following a loss, particularly if they are items that appreciate rather than depreciate in value.
While your vehicle is a little older and will have depreciated somewhat in value, these types of damages can still be very expensive.
It is very tough to come up with a number off the top of your head to describe the replacement value of all your personal belongings, partially since you have acquired them over a certain period of time; some of the items are old, and in your mind, depreciated.