Which as Morgan owner Simon Scott, of Barry, Angus, says is a nice little earner compared to the depreciation factor
of 'normal' used cars.
After this figure is determined, a depreciation factor
, based upon the age of the item, its useful or expected life, and its condition is applied.
Next, to obtain the monthly depreciation factor
, BLS takes the 12th root of the monthly depreciation relative and raises it to the N sup.
5 per cent depreciation factor
, they come down to 19.
What is the biggest depreciation factor
of a car's value?
Let's now assume 30 percent as the depreciation factor
and, therefore, deduct $702,000.
While the borough believes this will ultimately provide higher values because the depreciation factor
is lower than under the prior method, Fitch also notes the possibility for greater fluctuation in the tax base.
Build up of dust and dirt, known in the business as the dirt depreciation factor
, takes away from the light output.
These savvy shoppers see buying a late-model used truck as a wise way to make the dreaded depreciation factor
work in their favor.
often establish a residual-value standard, or floor, that does not reflect the FMV (or lack thereof) of obsolete technology.
Normal age-life or physical depreciation factors
are not good indicators of depreciation for these properties.
But even if the coverage had been written on an Actual Cash Value basis, with depreciation factors
amounting to 30 percent for example, the co-insurance requirement would still be applicable, simply to the lesser amounts.