by diakhary » Fri Apr 16, 2010 08:10 pm
I recently bought a Chevy Beretta GT in decent shape with about 214k miles; I drove it from Atlanta Ga to Columbus Oh where it was hit by a guy driving down the wrong way on a one way street. The car is danaged but drivable. His insurance is totaling the car and has offered me $500 i paid $800 for the car. Should I accept the offer?
Posted: Fri Apr 16, 2010 09:36 pm Post Subject:
Really up to you. You offer no variables or concerns so there is really nothing to comment on.
Posted: Fri Apr 16, 2010 10:39 pm Post Subject:
500 is what we'd consider basic transportation...sounds like your vehicle was pretty rough. is it? is this 500 and you keep the car?
Posted: Fri Apr 16, 2010 11:28 pm Post Subject:
Every comparison I saw says that the car, in fair-average condition, is only worth about $450 to roughly $850. Since yours sounds like it's in "fair" condition, it's not worth, even on a retail basis, more than about $5-600.
Sound like a fair settlement offer off the top of my head and your post.
InsTeacher 8)
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