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Yup. When my car was totalled I had a number in mind (high 20s). And got a much lower number. For the record, this was like a 3 year old Audi A4, fully loaded.
by FireBeyond 4y ago
Yup. When my car was totalled I had a number in mind (high 20s). And got a much lower number. For the record, this was like a 3 year old Audi A4, fully loaded.
So I asked to see comps. Sure enough, all but one of the comps was in that ballpark, from about 3-4 under, to nearly 30.
Except one. Which was about 140 miles away, and listed for $11,500. Clearly a salvage or rebuild or something (water damage, whatever, obviously not accurate). Dragging the average down like a boat anchor.
"The ad doesn't say Salvage Title so it's a valid comp."
They just kept repeating that like a broken record.
- e40 4y agoMy situation was that I had very low miles and all comps had like 3x those miles, in my area. She wouldn't look outside my area for comps with low miles, even though those areas had much lower cost of living. Going from $18k to $28k allowed me to get a new (used) car for no cash. Also, we had a semantic argument about what a "trailer hitch" was that lasted weeks. I had it installed after purchase and had receipts. I definitely recognize the "broken record" part of your comment!
- FireBeyond 4y agoFive years from now, "Class action against insurance company for colluding with car dealers to create fake listings to limit payout amounts"...