Cash price definition

Cash price means the price measured in dollars at which a seller of a motor vehicle would in good faith sell to the buyer or to any other buyer under like circumstances, and the buyer would in good faith buy from the seller, the motor vehicle that is the subject matter of an installment sale contract if the sale were a sale for cash instead of an installment sale.
Cash price means the cash sales price stated in a home improvement installment contract, or the cash sales price of goods and services that are the subject of a home improvement charge sale, for which the contractor would sell or furnish to the buyer and the buyer would buy or obtain from the contractor the goods and services which are the subject of the contract or home improvement charge sale, if the sale were a sale for cash, instead of a home improvement installment sale or home improvement charge sale, and may include any taxes.
Cash price means the price at which the creditor, in the ordinary course of business, offers to sell for cash the property or service that is the subject of the transaction. The term includes charges imposed by the creditor equally on cash and credit customers. It may include the price of optional accessories, services related to the sale, service contracts and taxes and fees for license, title and registration. The term does not include any finance charge.

Examples of Cash price in a sentence

  • Cash price or cash sale price means the price stated in an installment contract for which the seller would have sold or furnished to the buyer and the buyer would have bought or acquired from the seller goods or services which are the subject matter of the contract if such sale had been a sale for cash instead of an installment sale.

  • Initial measurement A heritage asset that qualifies for recognition as an asset shall be measured at its cost (Cash price equivalent at the recognition date).

  • Future instalments are paid by the third party.Following entry is made in the books of third party:Assets A/c Dr. To Transfer or Owner’s A/cA+b compensation (a) Balance due on asset (b) Excess of Hire-purchase price over Cash price : According of to sec.

  • Unit III: Hire purchase and Instalment system – Calculation of Cash price and interest – Default and Repossession – Difference between Hire purchase and Instalment system.

  • When IG receives your order our Australia 200 Cash price has gone up 2 points to 5876/5877and you get filled in 10 standard contracts at 5877.


More Definitions of Cash price

Cash price means the price for which the merchant would sell the property to the consumer for cash on the date of the rental-purchase agreement. The cash price must be reasonably related to the fair market value of the property. The cash price of new merchandise is reasonably related to fair market value if it is equal to or less than the amounts determined under the formula set forth in paragraph A.
Cash price means the manufactured home dealer ask- ing price including dealer installed options and accessories and additional dealer mark−up, profit and transportation charges, minus the dollar value of cash discounts.
Cash price means the price at which property or services are offered, in the ordinary course of business, for sale for cash, and may include:
Cash price means the price of merchandise available under a rent-to-own agreement that the consumer may pay in cash to the merchant at the inception of the agreement to acquire ownership of the merchandise.
Cash price means the price at which the lessor would have sold the property to the consumer for cash on the date of the consumer rental purchase agreement for the property.