Comparable motor vehicle definition

Comparable motor vehicle means a vehicle that is the same make and model, of the same or newer model year, similar body style, with similar options and mileage as the loss vehicle and in similar overall condition, as established by current data. To achieve comparability, deductions or addi- tions for options, mileage or condition may be made if they are itemized and appropriate in dollar amount.
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Comparable motor vehicle means a motor vehicle that is identical or reasonably equivalent to the
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Comparable motor vehicle means a motor vehicle that is identical or reasonably equivalent to the motor vehicle to be replaced, as the motor vehicle to be replaced existed at the time of purchase or lease with an offset from this value for a reasonable allowance for its use.
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Examples of Comparable motor vehicle in a sentence

  • Comparable motor vehicle: The actual cash value of a comparable motor vehicle based on current data obtained in the area where the loss vehicle is principally garaged.

  • Comparable motor vehicle: The actual cash value of a compara- ble motor vehicle based on current data obtained in the area where the loss vehicle is principally garaged.


More Definitions of Comparable motor vehicle

Comparable motor vehicle means an identical or reasonably equivalent motor vehicle.
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Comparable motor vehicle means a motor vehicle by the same manufacturer, same or newer model year, similar body style, similar options and similar mileage as the loss vehicle and in as good or better condition.
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Comparable motor vehicle means, with respect to
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Comparable motor vehicle means a new motor vehicle of comparable worth to the same make and model with all options and accessories, with appropriate adjustments being allowed for any model year differences;
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Related to Comparable motor vehicle

  • New motor vehicle means a motor vehicle that:

  • Used motor vehicle means a motor vehicle that is not a new motor vehicle.

  • Motor vehicle means land vehicles propelled other than by muscular power, such as automobiles, motorcycles, autocycles, and low speed vehicles. For the purposes of this definition, motor vehicle does not include farm equipment, snowmobiles, all-terrain vehicles, motorized wheelchairs, go-carts, gas buggies, golf carts, ski-slope grooming machines, or vehicles that run only on rails or tracks.

  • Antique motor vehicle means every motor vehicle, as defined in this section, which was actually

  • Uninsured motor vehicle means a land motor vehicle or trailer of any type:

  • Electric motor vehicle means a motor vehicle that is powered solely by an

  • Regulated motor vehicle surface means any of the following, alone or in combination:

  • Commercial motor vehicle means a motor vehicle or combination of motor vehicles used in commerce to transport passengers or property if the motor vehicle:

  • Used motor vehicle dealer means a person that is engaged in the business of purchasing, selling, exchanging, or dealing in used motor vehicles and that has an established place of business in this state at which it conducts that business. The term does not include a new motor vehicle dealer purchasing, selling, exchanging, or dealing in used motor vehicles as part of its business of purchasing, selling, exchanging, or dealing in new motor vehicles.

  • New motor vehicle dealer means a person, including a distributor, that holds a dealer agreement granted by a manufacturer, distributor, or importer for the sale or distribution of its motor vehicles; is engaged in the business of purchasing, selling, exchanging, or dealing in new motor vehicles; and has an established place of business in this state.

  • Motor Vehicles means motor vehicles, tractors, trailers and other like property, whether or not the title thereto is governed by a certificate of title or ownership.

  • Underinsured motor vehicle means a land motor vehicle or trailer of any type to which one or more bodily injury liability bonds or policies apply at the time of the “accident”, but the sum of all applicable limits of liability for “bodily injury” under all such bonds and policies is less than the Limit of Liability as indicated on the “Declarations” for Underinsured Motorist Coverage Bodily Injury. However, “underinsured motor vehicle” does not include any vehicle or equipment:

  • Motor vehicle dealer or "dealer" means any person who:

  • Motor vehicle surface means any pervious or impervious surface that is intended to be used by “motor vehicles” and/or aircraft, and is directly exposed to precipitation including, but not limited to, driveways, parking areas, parking garages, roads, racetracks, and runways.

  • Motor vehicle fuel means any petroleum distillate having a Reid vapor pressure of more than four (4) pounds per square inch and that is used to power motor vehicles. Diesel fuel and kerosene are not considered to be motor vehicle fuels.

  • passenger vehicle means a motor vehicle (other than a motor cycle or invalid carriage) constructed solely for the carriage of passengers and their effects and adapted to carry not more than twelve passengers exclusive of the driver, and not drawing a trailer;

  • Your vehicle means an Eligible Vehicle purchased by You being the vehicle specified on the certificate of insurance.

  • Appraisal management services means one or more of the following:

  • Motor vehicle record or "MVR" means a driving record under Subsection 53-3-109(6)(a).

  • Securitization Assets means (a) the account receivable, royalty or other revenue streams and other rights to payment and other assets related thereto subject to a Qualified Receivables Financing and the proceeds thereof and (b) contract rights, lockbox accounts and records with respect to such accounts receivable and any other assets customarily transferred together with accounts receivable in a securitization financing.

  • Transfer Vehicle means any vehicle that operates in space and transfers Payloads or persons or both between two different space objects, between two different locations on the same space object, or between a space object and the surface of a celestial body. A Transfer Vehicle also includes a vehicle that departs from and returns to the same location on a space object.

  • Covered Vehicle means a private passenger vehicle (including mini-vans, pickup trucks and sport utility vehicles) which is registered or rented to You during Your Trip, which is rated ¾ ton in weight or less, not used for racing, dealer services, dealer loaners, taxi, limousine, shuttle, delivery, hauling, towing, road repair service, construction service, snow removal, or as a public livery vehicle, or any other commercial use.

  • Low-speed vehicle means any four-wheeled electrically-powered vehicle, except a motor vehicle or