by Tran » Mon Aug 04, 2008 05:23 am
Hey every body, I am new to this forum so I'm not sure where to post this. I had just gotten into a wreck last month on July - 7 - 2008 (not my fault). My 08 SR5 Db Cab Tundra is now totaled. My insurance (State Farm) wants to give me $23,550 for it which I think is a little low (I‘m going through them because I‘m still fighting this at-fault issue). I financed my truck through Toyota Finance for $29,000 but I'm not up side down on this because I only owe $19,000 something on it left. OK I might be but I understand that I'm not gonna get the retail value of it only the actual cash value. I was stupid to have canceled my GAP and right before all this happened too!
With all that said I was hoping and would really appreciate it if someone can help me find out the ACV on my truck. I did do some researching with auto trade, Kelley, Edmunds, bb and some other sites. MSRP was supposed to be around $28,000 to $23,000? (kinda confuse me there) and I understand that, that doesn't prove anything to my insurance because that's the ‘asking price' that could be negotiable. Like vehicle with even more mileage than mine still go for around $26-$27,000 and up. And that's the same price that a guy at Toyota gave me. I asked him to give me a ruff estimate (since he was not able to see the vehicle) of how much my 08 Tundra would be worth with a lil over 8,000 miles and in mint condition (I wash and clean it every weekend).
I'm not even sure of all the options that I have and what's all available for the 07-08 Tundra but I'll try… It's a SR5 (you should know that lol) no Navigation just the regular 6 CD changer, I do have running step board, Toyota bed liner, Factory mud flaps (guard), factory fog lights, towing mirror (so I suppose towing package too?) cloth seat, AUX plug in but I think that's standard, DRL Daytime running lamp (if it matters), 2 wheel drive, regular 18 inch alloy wheel w/ tire sensor, Rear Sliding Window factory tinted, no home link auto dim rearview mirror, no back up camera or sensor.
ANY advice would be greatly appreciated! Thanks
With all that said I was hoping and would really appreciate it if someone can help me find out the ACV on my truck. I did do some researching with auto trade, Kelley, Edmunds, bb and some other sites. MSRP was supposed to be around $28,000 to $23,000? (kinda confuse me there) and I understand that, that doesn't prove anything to my insurance because that's the ‘asking price' that could be negotiable. Like vehicle with even more mileage than mine still go for around $26-$27,000 and up. And that's the same price that a guy at Toyota gave me. I asked him to give me a ruff estimate (since he was not able to see the vehicle) of how much my 08 Tundra would be worth with a lil over 8,000 miles and in mint condition (I wash and clean it every weekend).
I'm not even sure of all the options that I have and what's all available for the 07-08 Tundra but I'll try… It's a SR5 (you should know that lol) no Navigation just the regular 6 CD changer, I do have running step board, Toyota bed liner, Factory mud flaps (guard), factory fog lights, towing mirror (so I suppose towing package too?) cloth seat, AUX plug in but I think that's standard, DRL Daytime running lamp (if it matters), 2 wheel drive, regular 18 inch alloy wheel w/ tire sensor, Rear Sliding Window factory tinted, no home link auto dim rearview mirror, no back up camera or sensor.
ANY advice would be greatly appreciated! Thanks
Posted: Fri Aug 15, 2008 12:13 am Post Subject:
Well of course all mine will show is the MSRP for 26,850.00 :roll: When I run it as an 07 I get 25,725.00...I would think the most they would take would be .35 cents per mile which is just shy of 2500.00...off of what you can buy one for...that is buy one, walk in the door plop down then cash and walk out with the truck....do some checking on what they are selling them for right now...shouldn't be any more than 3k off of that figure at the highest...
Have you heard from them at all? What did you say you paid for it again?
Posted: Mon Aug 18, 2008 02:58 pm Post Subject:
rep from the total loss department called me once to ask what have I decided on with my total loss claim. I told em that I was still thinking on it. I paid $29,000. So do you think I should get appraiser or invoke the appraisal clause?
Posted: Mon Aug 18, 2008 09:37 pm Post Subject:
Well, Tran first...did you get a copy of exactly how they determined your value, and verified that it was/is correct?
Posted: Tue Aug 19, 2008 02:20 am Post Subject:
I requested a copy of the evaluation but it hasn't arrived yet. I had her send it by mail bc I don't have a fax machine.
oh and Thank You for taking your time to find out what my acv on my truck is
Posted: Tue Aug 19, 2008 09:27 am Post Subject:
after you receive the evaluation and CAREFULLY go over it, then let us know what it says....and we'll go from there...
and you are very welcome.
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