Need help appraisal! My 1998 9000 burned up! - Saab 9000 Bulletin Board - Saabnet.com
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Need help appraisal! My 1998 9000 burned up!
Posted by SavannahDan [Email] (more from SavannahDan) on Wed, 25 Nov 2009 05:37:07
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My house burnt down with my car underneath. It was a total loss. On top of everything else, GEICO is hassling me about the
"Actual Cash Value
The fair market value of property; technically, replacement cost less depreciation."
If anyone can help me to determine the value of my destroyed car, it could really help me with this disaster.
My car was a 1998 Saab 9000 CSE, manual transmission, with 121,000 miles on it. It was a Southern car with no rust and was always garaged. I bought it exactly two years ago for $8000.00 and have put $3,000 into the car. It was in perfect condition and I have records to prove it.
GEICO says they will only give me $3900 for the loss of the car. They determine this by looking at dealer trade in prices in my local area.
The problem is that the 1998 Saab 9000 is quite rare in my area. They apparently found a couple but the trade in value was much lower than what my car is worth.
With the deductible, I only get $3200 for a car that was worth much more.
Could anybody provide me with opinions or actual sales experiences that could help me make a case to the insurance company that I should get more?
posted by 69.254.7...
Posts in this Thread:
- Need help appraisal! My 1998 9000 burned up!, SavannahDan, Wed, 25 Nov 2009 05:37:07 <-- Viewing This Message
- See saabnet classifieds, techlectic, Wed, 25 Nov 2009 15:35:04
- Savan D...., Smartin, Wed, 25 Nov 2009 12:42:16
- Around my parts..., David Ingram, Wed, 25 Nov 2009 09:23:32
- I hate these stories..., PGAero
, Wed, 25 Nov 2009 09:00:47 - Work them on the house, Mike Johnson, Wed, 25 Nov 2009 06:43:26
- Insurance is supposed to "make you whole" again,, Bill Homer
, Wed, 25 Nov 2009 06:33:06
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