Sentences with phrase «market value of the vehicle»

The amount of insurance is equal to the market value of the vehicle and not the book value of the vehicle.
GAP cancels the difference between the market value of the vehicle and the loan balance (less exclusions and subject to GAP maximums).
The lender does an appraisal of the fair market value of the vehicle and offers you a maximum loan amount based on the car's value.
A title loan company will loan you money based on the market value of your vehicle and will hold the title in their possession until the loan is paid in full.
With this information, LoanMart uses the market value of your vehicle and your ability to pay back your loan as a calculator for how much money you'll be able to receive.
If you were to purchase a new vehicle based on a sale price of $ 18,000, after one year, the market value of your vehicle could be $ 11,000.
New cars lose a lot of value in the first few years of their life, so it can take that long to balance out the loan and bring what you owe in line with the actual market value of the vehicle.
Most title loan companies only take into consideration two things when they look at whether or not to approve a loan: the market value of your vehicle, and your ability to repay the loan.
The fair market value of your vehicle may be significantly more or less than used vehicle pricing guides such as NADA and Kelly Blue Book suggest.
GAP covers the difference between the market value of your vehicle and the loan balance, less delinquent payments, late charges, refundable service warranty contracts and other insurance related charges.
If you purchased the vehicle more than 910 days (2 1/2 years) preceding the date of filing your Chapter 13, we can propose a repayment plan where you only pay the fair market value of the vehicle, plus the adjusted interest; not the full amount the creditor is claiming you owe.
When estimating your loan amount, we find the market value of your vehicle by using resources like the Kelly Blue Book.
Since a title loan uses the title of your vehicle as collateral for the loan, it's only right that we use the market value of your vehicle as a determining factor for how much we can lend you.
For example, when deciding the size of the loan, you can get a lender may consider your level of income and the current market value of your vehicle.
If your vehicle was totaled, the amount of property damage you suffered would be equivalent to the fair market value of your vehicle on the date of your accident.
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.
In terms of the fair market value of your vehicle, ICBC generally uses a computer program called Autosource.
When your vehicle is written off, in essence you are paid for the fair market value of your vehicle and ICBC gets to receive any money from selling your vehicle for salvage.
If you bought ICBC's Replacement Cost and Limited Depreciation coverage on a new vehicle, the amount you receive for your write off is equivalent to the cost of a replacement vehicle vs. determining the actual fair market value of your vehicle when it was totaled.
Rather they are generally obligated to pay whichever is less, the cost of fixing the vehicle, or the market value of the vehicle prior to the collision.
Under Idaho law, the insurance company is required to pay the lesser of two amounts: either the cost of fixing damage incurred in the accident or, if the car is totaled, the fair market value of the vehicle just before the collision occurred.
Collision gives you protection up to the current market value of your vehicle, less deductible.
Insured Declared Value (IDV)- IDV is the current market value of your vehicle.
Ideally, IDV should be the actual market value of the vehicle, which is compensated in case of theft or damages.
Insured Declared Value is the current market value of your vehicle.
We'll pay you its actual cash value (ACV)-- which is simply the market value of your vehicle based on pre-loss condition, age, options, mileage, etc. — minus any applicable collision or comprehensive deductible.
Car insurance companies are responsible for paying the actual cash value or market value of your vehicle so you can replace it with a similar one.
We will pay you the market value of the vehicle at the time of the accident but not more than the value specified by you to us.
The monetary amount that an insurance company will put towards repairing your car will not exceed the monetary limits on your policy or the current market value of the vehicle, whichever comes first.
However, the amount of money than an insurance company will put forth towards fixing your car will not exceed the current market value of the vehicle.
A total loss occurs when the cost of repairs exceeds the market value of your vehicle.
Standard auto insurance policies cover the depreciated value of a car — in other words, a standard policy pays the current market value of the vehicle at the time of a claim.
If, when you finance the purchase of a new car and put down only a small deposit, in the early years of the vehicle's ownership the amount of the loan may exceed the market value of the vehicle itself.
That means the market value of the vehicle before the accident minus the salvage value of the vehicle after the accident.
By knowing the market value of your vehicle, you can make an informed decision about whether or not you need physical damage coverage.
However, the monetary amount an insurance company will provide you for repairs will not exceed the current market value of your vehicle.
If you car is damaged in an accident, this form of coverage will provide a monetary amount towards the cost of your repairs that will not exceed the current market value of your vehicle.
Zero Depreciation Cover: Depreciation cost is the actual market value of your vehicle at that time.
So it can be said that the IDV is the current market value of the vehicle.
In simple terms, IDV is the actual market value of your vehicle.
Ensure your cover doesn't exceed the current market value of your vehicle.
However, the monetary amount it will provide towards repairing your car will not exceed the market value of your vehicle.
If a car is totaled, the owner gets a check for the insurance company's estimate of the market value of the vehicle.
However, the monetary amount that it will provide towards repairs will not exceed the current market value of your vehicle.

Not exact matches

If you have any valuable assets (i.e. inventory, equipment, vehicles, electronics, property, contracts, pending invoice payments, etc.) you may be able to sell some of these at market value to generate quick cash, or use them as collateral in obtaining a secured loan.
LEIPZIG, Germany, Feb 27 - A top German court ruled on Tuesday in favor of allowing major cities to ban the most heavily polluting diesel cars, a move set to hit the value of 12 million vehicles in Europe's largest car market and probably force carmakers to pay for costly modifications.
LEIPZIG, Germany, Feb 22 - A German court on Thursday delayed a ruling on whether major cities can ban heavily polluting diesel cars, which could hit the resale value of 15 million vehicles in Europe's largest car market and force automakers to pay for costly modifications.
Tesla's market value officially outpaces Ford because of the record vehicle deliveries in Q1 of 2017, with the electric car maker's stock bordering on $ 300.
After reviewing the revised peer group director compensation data in June 2009, the committee 1) set pay for the new non-executive Chairman of the Board, 2) increased the value of the annual equity award from $ 145,000 to $ 175,000, since the previous level of compensation was deemed below the market median, and 3) changed the equity grant vehicle from 100 % restricted stock units (RSUs) to 50 % RSUs and 50 % outperformance stock units (OSUs) in order to more closely align with the equity package that Intel executives receive.
I say to clients we could set up a vehicle that's inexpensive and easy, fund it with low basis securities, potentially avoid the capital gain on the disposition of the securities, and get you a tax deduction at fair market value.
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