ok, just spoke to insurance today and they said they will give me 7685 for my car after taxes. Before taxes it was 7,200 soemthing.

7,685, i'm not mad but not too happy either. I didn't count all receipts i have, that's just for the value of the car. The book value of my car on kbb.com is like almost 8,500. What do you guys recommend me do? i told them i wasn't ok with the price but i had to talk it over with my dad. How do i let them know that they are giving me pennies for my car?

HELP!!

 

go to edmunds.com (or edmonds.com) , kbb.com, nada.com, and any other dealer pricing site that you can find. Take the HIGH QUOTES, and use the dealer price on the car- what you would have to pay to replace that car at a dealer. Don't let them lowball you with the private party sale price. When I bought my car, one of the 3 sources above was WAY higher than the others. Look it up and if they are all higher than their quote, take them all in. Also, call some local dealers and see if they have a car w/ similar mileage. If they do, get a price. It might "waste" the afternoon, but it will be worth it in the end. Also, call your insurance company and see what they have to say about that quote...

Any luck on the console?

 

is that price before or after the deductable??? I got about 1000 more than what you receieved, but then again my car only had 54K.

 

Most insurance companies (mine included, first all-state, now AIG) will only insure the car to its wholesale value. Says it right in my policy!

 

i dont know whats wrong. i have state farm and my car had 84,000 miles on my 96 and i got 11,000 after the deductable, i looked threw all the paper work and they did alot of research to find the price for my car. ya and by the i thought i had an se for a year but when the papers came in it said it was a gle so i dunno.

 

Yes, but remember, that is YOUR insurance company for your comprehensive policy. This differs from the liability coverage. What is the car was a brand-new car pulling out of the lot and you got creamed by an idiot driver (with insurance, assumingly)? The other ins co could not limit you to "wholesale" for your car because the policy of the SOB that hit you was limited in HIS ability to recover for damages to HIS vehicle.

 

take it and run. your going to have a hard time getting them to fork over more cash.

 

there was no deductable for me since it was the other person's insurance paying for car. And i don't plan on keepin it. Anyhow, i'm going to look up prices for cars on dealerships (GLe's wit same year and similar mileage at high prices) wish me luck guys

 

What did the price guides reveal? What is the mileage on your car (and your ZIP code)? I will look and see what I can find...

 

u truly are the man

its a 95 GLE 112,000 miles and i'm in Maplewood NJ 07040. Thanks man, going out your way to help me out, THIS IS WHAT MAXIMA.ORG IS ALL ABOUT!!!

 

that sounds about what "true market value" for your car is. I would still fight it and try for more anyway.

 

everyone should get gap insurance... i pay an extra 50 dollars a year and if they total my car they give me exactly what i paid for it!....yes exactly what i paid for it...runs for a maximum of 5 yrs

 

i know this may hurt but the front of your car looks like an altima

 

I had to work with state farm when I got rear ended by a guy in a jeep. It was all his fault and they normally throw out a small fee at the beginning. You can work with them you just need to now how to fight with them. But, it will take probalby a month or 2 to get them to pay out. You should also figure in pain and suffering. Because of the neck problem you had they should pay for that and any work that you had to miss because of it. My dad helped me out and wrote down a letter to them. And for the longest time they wouldn't move then all of the sudden they cut us a check.

-Just my thoughts
John

 

i really can't wait a month or two for a car. Need one asap the way my schedule is. As far as money for pain and suffering i think her medical insurance has to pay for me or something. I wanted them to pay for time i missed from work but they say i can only get that money if my work had to do directly with my car like delivery or something....so there's nothing much i can do from where i see unless you guys have some ideas which won't take 3 months

 

If its the other company then fight with them. usually they have to pay what ever the car is worth and then the percentage of whos fault it was. If the car is worth 8500 but ur fault is 20% then u will get 80% in damages for your car.

 

^^^ we've already accomplished that. They know its 100% her fault and they say that the value of the car is worth 7,685 after taxes...

my next step is getting receipts to them so they can pay me for parts that were damaged.

MY VIPER ALARM
y-pipe
RSB

^^ may have all been damaged due to accident. Even so, if i tell them this and show proof that i purchased these items recently they should pay for them correct?

 

Ok then ask them by what book they judge and go and see how much the car is worth. They must pay for all of it. Retail value not trade in or private party. FIGHT with the fokers. keep that biatch on the phone for like an hour and u WILL get ur $$.

 

Gap Insurance will cover the difference between what you owe on your loan and the actual totaled amount of money received.
Example:
Owe: 15000
Amount Received from Insurance: 13000
Gap will make up the difference of $2000.
Still a good idea to have Gap. But they don't pay you 15000 for a 13000 dollar vehicle. This would go against several insurance principles such as indemnification and moral hazard.

 

$7700 bucks for a 95 GLE with 112,000 is EXCELLENT. Take it and run. Everyone thinks that their car is worth more, but you've got to be realistic. $7700 is a good deal higher than what I thought they'd come back at you with. Remember, your car is probably close to 8 years old and has higher that "average" mileage. They won't give much of anything for an alarm, y-pipe, or RSB.


Dave

 

thank you, thats what i was saying in the first place.

your not going to get what "effort" you put into your car.

 

yea, i'm not really too concerned about the price of the car anymore

i just want payments for the stuff i bought that were damaged

VIPER ALARM - 460
y-pipe - 215
RSB - 115

that's roughly 800 dollars that htey should be able to cough up since i cna't use anymore because their dumb a$$ client destroyed the parts on my car....

 

Hey Man, not to bust your stones but, I do not see any lawyers giving you advice on what to do. Just a lot of opinions man. Get a free consultation somewhere. It may be well worth it in the end.

You will always be given a low figure to start. You missed work, you were injured. These are all considerations that a LAWYER can advise you on.

Don't short change yourself man!

Dave

 

THis is true. I am not a lawyer, and have no specific expertise in dealing w/ NJ law, but I have been to law school, and I have worked for years as a paralegal. I have the basics down, though certainly not the specifics. Also, a "free consultation" is not going to get you too far. If it did, lawyers would not make any money. All they would do was "free consultations."

The bad news? I looked up the retail and priv party prices on your car, equipped as it is, in the 3 major pricing guides. Here you go:

Kelly Blue Book:
Retail- $9080
Priv party- $7105
http://kbb.com/kb/ki.dll/kw.kc.ure?k...ar&38&8;NI;D3& (edit the info on that page to get the pricing report)

Edmunds:
Retail- $8550
Priv Party- $6613
http://www.edmunds.com/used/1995/nis...an/prices.html (edit the info on that page to get the pricing report)

NADA:
Retail- $7050
Priv Party- $5150

Unless you can get them to go with a retail price, yo uare really not getting a bad quote, now that we really look at the facts. You MIGHT be able to get w lottle more out of the accessories, but the general rule is that anything that replaces a stock component (such as tires, rims, y-pipe) car not covered in compensation AND must be left on the vehicle, unless swapped for stock parts. Anything NONstock (elaborate stereo installs, body kits, wings, etc) can be removed. If damaged, it will be a point-by-point evaluation of the validity of paying on that portion of the claim. As it was noted somewhere, you will probably not get the full value of any accessory dure to depreciation and usage.

You best bet is to see if you can remove the alarm (or at least the brain), get your rims off of there, take the wing (it was not accounted for in the pricing) and anything else that you can strip. Try to get them to go a little closer to the retail prices, ESPECIALLY if you bought it from a dealer in the first place. If the alarm is stuck in there, bicker and negotiate on that, but you will be lucky if you get 1/2 the cost of it. About the rsb, get prices from cattman and custommaxima for the replacement cost and explain that it was added as custom equipment that was ruined by the wreck. It should be covered at least partially.
I would honestly suggest going in w/ a number, such as $8550 (the edmunds estimate). Tell them that you will drop claims on the aftermarket equipment if they will give you that book price. Take a copy of the retail estimate reports from www.edmunds.com and www.kbb.com when you go in, or, if you call, offer to provide copies. Explain that the number that you are looking for is not even the highest estimate, but that you are willing to use it as a middle point.

One GOOD suggestion made above: keep them on the phone, or tie them up in the office. Don't be an @$$ about it, but keep them busy./ Explain that the car is important to you and that you had a lot of time and effort tied up in it. Not that you expect to be compensated for it, but that the car was in great shape and that you want to be able to afford to replace it with a vehicle of equal quality and dependability.

 

Nice write up.......clear cut directions

 

Thanks. I was scared for a minute that you were going to flame me for my "but I have been to law school" comment. It sounded smart@$$ when I read it, but it was not at all meant to.

I think that meccanoble is in a good (but not great) position on his payment. There is room to move up, and this was their first offer, not a negotiated sum. This was what they brought to him. You are correct, it would not hurt at all to call an attorney, but @ $80 an hour (MINIMUM), it could be a gamble if he has to hire on, b/c he may not get any more out of it, plus be out the attorney's fees. I think that $8500 for the car and mods is about fair. More is great, but that is my guess as to how high they might go. It is always easier to go in w/ the edmunds quote ($8550) so that it does not look like you just pulled the figure out of thin air. If they balk at that amount, you can always show the even HIGHER KBB estimate. Or you can take the lay-it-all-out approach and tell them about both reports up front.

 

thanks guys, i sent in all receipts and a copy of a 95 SE with 15,000 less miles than my car and it was going for 10,000 from a dealership. I also put a statement on the sheet saying that my GLE is more expensive and with 15,000 miles less. I'm giong to call them now and say my car hsould be worth around 8500 or it will be impossible to find a car because with my mileage, i'm worried about car breaking down. Only willing to buy from a dealer if i get that type of mileage.

I also rented a car under their expense

a DAM 2002 SATURN LS200! omg, sucks but hey i get a free car for 30 days....

 

I was glad to see someone actually helping and not just Post Whoring..... I would never post ***** but people like redmaxpa007 will

 

Unless you put in for inclusion of these items in your insurance policy, they will not cover it, because you have not been paying premiems on it... I got screwed when my car was broken into, nothing was covered but the damage to the car because they were not charging me premiems on the rest of the items, and I have gieco just like you...

 

My insurance company (State Farm) told me that any item that is a part of the car(physically attached) is covered including rims and other accessories. It might depend upon the insurance company but I didn't have to list my rims separately. I do wonder if his Y-pipe would be covered.

 

hey u have States Farm?

yea i hope i get money for y-pipe. I sent a receipt and i bought it recent. Alarm i bought july 9 and y-pipe i bought august 15th. We'll see, we have a plan B if they dont pay us for the parts....

 

I was glad to see someone actually helping and not just Post Whoring..... I would never post ***** but people like redmaxpa007 will