What is the average payout for a totaled 2004 Dodge Neon sxt

by cab09 » Tue Jan 26, 2010 06:14 pm
Posts: 1
Joined: 26 Jan 2010

Just found out vehicle is totaled. Do you have an idea what ins. should pay?

Total Comments: 6

Posted: Tue Jan 26, 2010 06:34 pm Post Subject:

The ACV (Actual Cash Value) in your market area. Simple way would be to run your vehicle through NADA's website. Then use a website like Autotrader or Cars.com to see what the selling price of comprable vehicles are in your area. This should give a ballpark amount.

Posted: Tue Jan 26, 2010 11:57 pm Post Subject:

Either do what Trench suggested or give me the state you are in, mileage, ALL options, and ANY prior UNrepaired damage.

Posted: Wed Jan 27, 2010 07:33 am Post Subject: Valuation of a totaled car

The insurance company would pay the actual cash value of your car which depends on the following factors:

1. The make, model, year and the mileage of your car.

2. The present value of your car. You can find that out by going through the Blue book or NADA guide estimate.

3. The condition of your car before the accident.

4. Compare with the other vehicles sold in your area to determine the fair price.

5. To the base value add the value of any improvement or enhancement that you have added to your car.

6. Get in touch with a claim adjuster to claim a proper or higher settlement.

Posted: Wed Jan 27, 2010 11:36 am Post Subject:

scarlett,

No carrier uses the KBB,

6. Get in touch with a claim adjuster to claim a proper or higher settlement.

not sure what you mean by this statement....but just calling the adjuster will not increase the settlement...and I've GOT to ask..what's with the 'mirroring' my posts EVERY night?

Posted: Wed Jan 27, 2010 12:34 pm Post Subject:

the 'mirroring' my posts EVERY night



No doubt, what gives?

Posted: Wed Jan 27, 2010 01:07 pm Post Subject:

It's been EVERY night, nearly EVERY post for over a week!

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