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Some years back, I had a 99 9-5 SE that was totaled after a minor accident (car slid off road hit tree). I think the damage total was approx $5k, but the insurance company choose the "totaled" route. They said when the cost of damage was approx 80% the value of the car, they can total it because their fear was starting repair and finding other hidden damage. I think they were worried about engine damage.
At any rate, I finally capitulated and excepted their offer.
It seems that unless the car is newer, they depreciate so fast they're worth little. Only other anomaly I've encountered are vehicles used in a business, they seem to garner more.
Posts in this Thread:
- Insurance adjusters...., ninety-five, Thu, 13 Feb 2014 19:33:22
- ACV, none yet, Fri, 14 Feb 2014 17:05:57
- Re: Insurance adjusters...., Bernie
, Fri, 14 Feb 2014 15:06:49 - Re: Insurance adjusters...., Bill Homer
, Fri, 14 Feb 2014 08:09:59 - Re: Insurance adjusters...., BMcP, Fri, 14 Feb 2014 06:13:59
- Re: Insurance adjusters...., EGD
, Fri, 14 Feb 2014 06:05:29 - Customers, No Snaab, Fri, 14 Feb 2014 04:37:34
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