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What is the term for the price Kelley blue book considered to be the correct amount expect to pay for a car
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What is the term for the price Kelley blue book considered to be the correct amount expect to pay for a car

User Zeb Rawnsley
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2 Answers

4 votes

Answer:

book value

Step-by-step explanation:

a p e x

User DanNsk
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I believe the answer is: Book value

The number in the book value is made after considering two things; the price when we acquire the asset and the amount of depreciation or appreciation. Selling an asset on book value is a bare minimum needed for the sellers to not experiencing a financial loss.
User Alex Bochkarev
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