Actual Cost of Car

The actual cash value equals 3500 replacement cost times 50 useful life remaining or 1750. This concept is different from the book value used by accountants in financial statements or for.

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While both types of coverage help with the costs of rebuilding your home or replacing damaged items after a covered loss actual cash value policies are based on the items depreciated value while.

. By selling this car the car brand makes 5. The Anniversary edition cost an extra 399 for the special two-tone paint job but it wasnt a limited model by any means with 15283 sold. Lets say we bought a car for 200 000 that is the sticker price at the store and as we know the manufacturing cost is about 50 of the sticker price leaving us with a 100 000 manufacturing cost.

Replacement cost and actual cash value refer to how your homeowners insurance policy reimburses you for property damage after a covered loss.

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