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Posted: Mon Mar 31, 2008 5:08 am Post subject: Totaled car please help |
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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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MONica1
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Posted: Mon Mar 31, 2008 5:11 am Post subject: |
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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. |
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tcope
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Joined: 22 Nov 2006
Posts: 5066
Location: Salt Lake City, UT
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Posted: Mon Mar 31, 2008 8:06 am Post subject: |
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| Quote: | | 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. |
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tcope
Forum Expert

Joined: 22 Nov 2006
Posts: 5066
Location: Salt Lake City, UT
272.53 Dollars($)
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Posted: Mon Mar 31, 2008 12:51 pm Post subject: |
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| Quote: | | 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? _________________ "Never, never be afraid to do what's right, especially if the well being of a person or animal is at stake. Society's punishments are small compared to the wounds we inflict on our soul when we look the other way." Martin Luther King Jr. |
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Lori
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Joined: 10 Sep 2007
Posts: 8173
Location: Missouri
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