Agreed. As we've all heard of or dealt with similar situations over the years, it's crazy to accept their initial offer. Do your due diligence and find as much supporting documentation that you can. We have so many great resources available to us today that it's crazy to accept their offer unless you know it's fair. They're going to go to the books, which often have limited or no information, making their offers ridiculously low. What they won't tell you is that Black Book values are often well above what they will offer - you can get Black Book values from your bank or credit union. BB used to be "Cars of Particular Interest", a great resource I used to subscribe to when they used to offer the service to consumers. It's based on wholesale auction data, so it's very relevant and accurate.
If you have proof of sales that support your numbers they're going to push back a lot less, so it appears. Their biggest concern is closing out the claim and getting it off the books. In other words, how little will it take to make you go away? Dan On Jul 27, 2014, at 8:36 AM, Peter Frederick via Mercedes <firstname.lastname@example.org> wrote: > My brother had the same experience this spring when some idiot pulled out in > front of my niece and ripped the left headlight and fender up on the 300E. > Initial offer was $1600 and dumpster the car, my brother vigorously objected, > and they eventually admitted a comparable car in similar condition (very > nice, fairly low milage) was much higher. > > They could only find a single example for sale nation wide at the time, in > Califormia, for $6500. > > Finally cut him a check for $3000 and he fixed it himself, no salvage title > (which they insisted they could issue. I don't think so, the State of > Indiana issues tittles here....). > > Fight the bastards. I personally think issuing lowball offers of insurance > payments when the company is covering an insured at fault should result in s > substantial jail time and large fine fraud felony conviction, but the > insurance industry obviously has the ear of legislators. > > Peter > > _______________________________________ > http://www.okiebenz.com > > To search list archives http://www.okiebenz.com/archive/ > > To Unsubscribe or change delivery options go to: > http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com > > All posts are the result of individual contributors and as such, those > individuals are responsible for the content of the post. The list owner has > no control over the content of the messages of each contributor. _______________________________________ http://www.okiebenz.com To search list archives http://www.okiebenz.com/archive/ To Unsubscribe or change delivery options go to: http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com All posts are the result of individual contributors and as such, those individuals are responsible for the content of the post. The list owner has no control over the content of the messages of each contributor.