The purchase price is based on the open market value of the property.
Moreover, all securities underwent such sharp depreciation that, on the one hand, the government hesitated to hand over the bonds representing the purchase-price of the railways, lest such an addition to the volume of stocks should cause further depreciation, and, on the other, the former owners of the nationalized lines found the character of their bargain greatly changed.
They remain cagey about the purchase price of such a car.
The smart may be a brilliant concept, but its high purchase price defeats the object of an economy car.
The level of deposit is likely to be governed by the amount of the purchase price your mortgage lender is prepared to lend you.
