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Author Topic:   HELP! Totaled Car - Prices for insurance purposes
Chukmar

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posted 06-25-2010 05:39 PM     Click Here to See the Profile for Chukmar     send a private message to Chukmar   Edit/Delete Message   Reply w/Quote   Search for more posts by Chukmar
I was t-boned in my Red Prowler and it has been determined a total loss. Does anyone know where I can look up comparable Prowlers (other than ebay) that have sold? I need to look at some stats so the insurance company doesn't lowball the value of my car.

Thank you.

alrtg



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posted 06-25-2010 06:05 PM     Click Here to See the Profile for alrtg     send a private message to alrtg   Edit/Delete Message   Reply w/Quote   Search for more posts by alrtg
I am sorry to hear of your loss, I hope you and everyone else involved is OK.

Other than e-bay you might look at these sites.
Hemmings Motor News http://www.hemmings.com/

Cars.com
http://www.cars.com/?aff=national&CMP=KNC-GoogLead&HBX_PK=www.ca rs.com&HBX_OU=50&domainid=47&detid=1801368627/

Ownster.com http://www.ownster.com/

Kelley Blue Book.com http://www.cars.com/go/kbb/kbbInput.jsp

You probably will not be able to get actual sales figures unless you talk to folks that sold the cars and can get documentation which may be more than difficult.

Keep in mind if you were not at fault you may have some leverage, if you were at fault you may be up the creek.

I would not be surprised if the insurance company tries to settle for 18K or less.

If they won't budge on that price ask them to find a car that is as close to yours was in a condition yours was in prior to the damage, and you might consider that as settlement.

Same number of owners or less,
Similar mileage or less,
Accident free car for accident free car,
Modification for modification or a completely stock car with an allowance for modifications etc.....

This is a good argument for stated value coverage (which I do not have either)

I wish you the best with your situation.


P.S.
Please remember to send a PM to Adacus so the car can be added to the "Ailing Kat's" section. http://www.prowleronline.com/ubb/Forum20/HTML/000007.html

I just thought of a good verifiable source for selling prices that you may want to use.....Barrett Jackson
http://www.barrett-jackson.com/application/onlinesubmission/archivecarlist.aspx?year=&make=&model=prowler

These cars have very low miles on them, some have trailers, the prices range from mid 20's to 100K plus.

This message has been edited by alrtg on 06-25-2010 at 06:31 PM

catfish




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posted 06-25-2010 07:30 PM     Click Here to See the Profile for catfish     send a private message to catfish   Edit/Delete Message   Reply w/Quote   Search for more posts by catfish
they will most likely take and average,lets say 15 cars total price and divide by 15.i pray to god its not allstate.or some other low blow co. like allied and nationwide among others.if you have extra mods add up the total of them also.whos the ins co.and whos your co.

------------------

idive


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posted 06-26-2010 01:49 AM     Click Here to See the Profile for idive     send a private message to idive   Edit/Delete Message   Reply w/Quote   Search for more posts by idive
Never accept their first offer. Ask them how they arrived at that figure. Like Jan said... it's likely an average of several vehicles. Whatever you get, they should be able to tell you where you can get another one for the payout. If they offer 18K, ask where you can get a comparable one for that. If they can't tell you, you need more.
When I totalled my S-10 Blazer in 99, Farmers gave me a figure. I asked the above questions how they came up with that figure. When they told me that they compared several similar vehicles, I did something they didn't expect, and didn't like. I asked for a copy of their comparison. After looking it over I saw they were clearly lowballing me. One of the vehicles most closely resembling mine was $600 more valuable than they offered. And mine had a NEW transmission and no mechanical problems. When I pointed that out to them, they willingly paid me the higher value. They were later sued in a class action lawsuit for knowingly and intentionally undervalueing cars. Good luck. And let us know what they say, if you don't mind.
gleng
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posted 06-29-2010 02:33 AM     Click Here to See the Profile for gleng     send a private message to gleng   Edit/Delete Message   Reply w/Quote   Search for more posts by gleng
My 2001 Prowler (11,500 miles) was totaled in March and I had to do the insurance fight as well. They originally gave me an offer of 28,028 and could never give me a direct answer on how they determined that number.

I ended up getting $31,611.97. If you would like the email I sent them on how I determined my value, I would be glad to send it to you.

ProwlerBobWpg

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posted 07-02-2010 03:36 PM     Click Here to See the Profile for ProwlerBobWpg     send a private message to ProwlerBobWpg   Edit/Delete Message   Reply w/Quote   Search for more posts by ProwlerBobWpg
I don't know how different it is in the States, but here in Canada, insurance is structured such that it is your obligation to prove your loss and quantum associated thereto.

An insurance company will make an offer, and that is a courtesy to the policyholder. If you disagree with the amount of the offer, it is then up to you to substantiate quantum. (to prove your loss/amount of loss)

For an insurance adjuster, the more paper in his/her file to support a specific settlement payout, the better.

So simply, create a paper presentation of your opinion of value, how you arrived at the amount and documentation to support same.

Use a variety of sample ads, from various sources.

Average out the kilometers/miles and prices and you should get a good indication of where you should be.

Don't just send the highest value vehicles, as it destroys the credibility of your submission.

Print out a page like this (link) for American units, use the Canadian data too if it seems to help.

http://www.autotrader.ca/Result /Result.aspx?kwd=+Plymouth+Prowler&loc=winnipeg&rctry=true&srt=4&c2t=Car&make=Plymouth&mdl=Prowler&sts=Used&st=1

This message has been edited by ProwlerBobWpg on 07-02-2010 at 03:38 PM

JRL

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posted 07-05-2010 05:25 AM     Click Here to See the Profile for JRL     send a private message to JRL   Edit/Delete Message   Reply w/Quote   Search for more posts by JRL
Recent Manheim WHOLESALE auction prices for 1999's.

06/07/10 NADE Regular $23,800 19,736 Avg PURPLE 6G A
06/03/10 FRDKBURG Regular $25,200 15,081 Avg ORANGE 6G
06/02/10 NADE Regular $26,600 11,982 Avg BLACK 6G A
03/31/10 CEN FLA Regular $28,500 6,004 Above Red 6CY A
03/03/10 MILWAUKE Regular $24,750 20,945 Avg BLACK 6G A
02/18/10 ST PETE Regular $18,100 86,626 Below BLACK 6G A

2000's
06/22/10 ST LOUIS Regular $23,100 21,564 Avg BLACK 6G B
06/04/10 MANHEIM Regular $27,600 13,880 Above 6G
06/04/10 MANHEIM Regular $25,600 24,309 Avg BLACK 6G A
06/03/10 DALLAS Regular $32,000 3,342 Above Black 6CY A
04/29/10 SO CAL Regular $18,300 74,837 Below SILVER 6G A
04/16/10 MANHEIM Regular $25,250 13,880 Avg SILVER 6G A

Hope this helps
Add about 3-$4000 for retail prices these would have sold for.
This is the first place your insurance company will start at


This message has been edited by JRL on 07-05-2010 at 05:29 AM

ALLEY CAT





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posted 07-05-2010 07:20 AM     Click Here to See the Profile for ALLEY CAT     send a private message to ALLEY CAT   Edit/Delete Message   Reply w/Quote   Search for more posts by ALLEY CAT
JRL,,,

good to see you posting,,been quite awhile.

Thanks for the pricing info

JRL

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posted 07-05-2010 02:38 PM     Click Here to See the Profile for JRL     send a private message to JRL   Edit/Delete Message   Reply w/Quote   Search for more posts by JRL
Yeah well, the Kat was sold about 4 years now so....
ALLEY CAT





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posted 07-05-2010 02:49 PM     Click Here to See the Profile for ALLEY CAT     send a private message to ALLEY CAT   Edit/Delete Message   Reply w/Quote   Search for more posts by ALLEY CAT
Yup,,,I remember you sold it. Also had a Volvo right?

Looking for another Prowler someday?

JRL

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posted 07-05-2010 04:45 PM     Click Here to See the Profile for JRL     send a private message to JRL   Edit/Delete Message   Reply w/Quote   Search for more posts by JRL
Lotsa Volvos!
Many V70Rs and T5 5 speed manuals.
No more toys for now, health and money failing, both at the same time!

This message has been edited by JRL on 07-05-2010 at 04:47 PM

spoons


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posted 07-07-2010 09:42 AM     Click Here to See the Profile for spoons     send a private message to spoons   Edit/Delete Message   Reply w/Quote   Search for more posts by spoons
I am thinking of switching to Grundy Collector Car Insurance just for this reason. With all the mods on my Prowler I feel I would need at least $30k to replace my 1997 and the KBB value is only $22k

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