by Guest » Mon Mar 31, 2008 05:08 am
Please help. My husband was in an accident. The car was totaled by the Insurance. The insurance wants to give us $5831.00 for it. I do not think it is the value. Can someone help me check if this is the correct amount. The car is a chevrolet 2004 "AVEO LS Sedan " 4-Cyl 1.6 Liter, 45,528 miles on it, 4 doors, 5 speed manual. I live in Florida and my zip code is 32714. I tahnk anyone that can help me Or give me information. I look in internet to by a car in my area like this they want 10,000.
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Posted: Mon Mar 31, 2008 05:11 am Post Subject:
What is the NADA price?
nada.com
Anyone can _ask_ whatever they want for a vehicle. The _selling_ price is something different.
Obtain a copy of the carrier evaluation and make sure all the information on your car is correct. I cannot tell you the numbers of times I've seen this information be incorrect.
Posted: Mon Mar 31, 2008 08:06 am Post Subject:
In a situation like this, wouldn't the 'Blue Book' value be the 'totaled' value?
Yes... but in this case the insurance company was basically using ads for vehicles being sold (CarTrader, AutoTrader, etc). That is, they were not using a database of _sold_ prices... they were using "asking" prices. How many cars have you bought and paid the asking price.Posted: Mon Mar 31, 2008 12:51 pm Post Subject:
I look in internet to by a car in my area like this they want 10,000.
where did you find your vehicle worth that?I come up with clean retail at 6875.00 (then you'll need to add or subtract the following to that figure)...power sunroof +425.00, w/out a.c. -$550.00, aluminum/alloy wheels +200.00.....
Was there some prior 'unrepaired' damage to your vehicle?
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