by Guest » Thu Apr 28, 2011 08:49 pm
My car has been totaled by the insurance company. They want to offer me a salvage value of $2200 to buy it back. It is a Camry SE V6. The engine compartment was not damaged. I've read that 15% is a standard salvage value. They valued the car at 9500. It was in great condition. Should I try to get them lower than 20%? I looked for that car and there are just a few within 500 miles. It appears to not be very common like the LE
Posted: Fri Apr 29, 2011 01:38 am Post Subject:
No offense but a majority of people who claim "great condition" often do not realize the contributing factors of why a vehicles ACV (Actual Cash Value) is what it is. Miles, condition, options etc. are figured in. Have they provided you documentation of the value? Have you yourself researched the value yourself? Once you have obtained this information, you may come to the conclusion that the offer is fair.
Posted: Fri Apr 29, 2011 01:39 am Post Subject:
No offense but a majority of people who claim "great condition" often do not realize the contributing factors of why a vehicles ACV (Actual Cash Value) is what it is. Miles, condition, options etc. are figured in. Have they provided you documentation of the value? Have you yourself researched the value yourself? Once you have obtained this information, you may come to the conclusion that the offer is fair.
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