SuBrat84 Posted July 24, 2006 Share Posted July 24, 2006 So... it's official. The SVX is totaled They are trying to give me ONLY $2600 for it!!!! I mean, granted it has 200k on the odo.. but that is what I would expect to hear if it was a LEGACY or something common!!! PLEASE Help me prove "market value" to my insurance company!!! They are saying it has to be with-in 100 miles of where I live too!!!! I'm soo frustrated by this! PLEASE HELP!!! Quote Link to comment Share on other sites More sharing options...
theflystyle Posted July 25, 2006 Share Posted July 25, 2006 2600 is alot for almost any svx esp for one with 200k on the odo. i have been shopping for svx's for a while now and without any info on year, etc etc it seems about right Quote Link to comment Share on other sites More sharing options...
OB99W Posted July 25, 2006 Share Posted July 25, 2006 For the '94 SVX, Edmunds says: COMPACT COUPE L Styles (TMV® Dealer Retail: $2,607) LS Styles (TMV® Dealer Retail: $2,665) LSi Styles (TMV® Dealer Retail: $4,172) Granted, these are averages and not specific to your area, but it should be obvious where the $2,600 figure came from. If it's an LSi, you have a chance at making a case for more. Quote Link to comment Share on other sites More sharing options...
nipper Posted July 25, 2006 Share Posted July 25, 2006 http://www.subaru-svx.net/forum/ ask these guys for help. nipper Quote Link to comment Share on other sites More sharing options...
SuBrat84 Posted July 25, 2006 Author Share Posted July 25, 2006 Yeah I'm on SVX net.. getting about the same response.. which is funny.. because.. when I bought it in Sep '05 with 185k on it the bank and KBB was perfectly happy with it being valued at 3,775/6,625 (1,225 depriciation for mileage) and my bank and KBB is perfectly happy backing me up that with 207,000 miles my car is worth 3,625/6,475 (1,375 dep. for mileage) that being wholesale/retail ... now the insurance company is saying WITH $1000 depriciation for mileage they only want to give me 2,600. ??????????????????????????????? Dead center of wholesale/retail WITH 207,000 miles is 5,050. SO WTF YOU GOT TO SAY NOW! Quote Link to comment Share on other sites More sharing options...
SuBrat84 Posted July 25, 2006 Author Share Posted July 25, 2006 Yeah, it's an LSi. Quote Link to comment Share on other sites More sharing options...
OB99W Posted July 25, 2006 Share Posted July 25, 2006 [...]SO WTF YOU GOT TO SAY NOW! My response to your original post in this thread was to point out where the insurance company probably got their figure, which I thought might be useful information. I'm sorry that you've suffered a loss, but that doesn't excuse the attitude. What I've got to say now is: "Please stop swearing at people who are attempting to be helpful." Yeah, it's an LSi. I suspect you might need to point the model differences out to the insurance company. Good luck. Quote Link to comment Share on other sites More sharing options...
dmanaenk Posted July 25, 2006 Share Posted July 25, 2006 Show them KBB number (around 5-6 I suppose) and some paperwork confirming that your's is LSi. Should be enough. You don't have to accept any offer you do not like, its a rare car so I think what they are asking you to do(finding close one for sale within 100 miles) is unreasonable. With these insurance companies one has to be really persistent. Quote Link to comment Share on other sites More sharing options...
nipper Posted July 25, 2006 Share Posted July 25, 2006 Yeah I'm on SVX net.. getting about the same response.. which is funny.. because.. when I bought it in Sep '05 with 185k on it the bank and KBB was perfectly happy with it being valued at 3,775/6,625 (1,225 depriciation for mileage) and my bank and KBB is perfectly happy backing me up that with 207,000 miles my car is worth 3,625/6,475 (1,375 dep. for mileage) that being wholesale/retail ... now the insurance company is saying WITH $1000 depriciation for mileage they only want to give me 2,600. ??????????????????????????????? Dead center of wholesale/retail WITH 207,000 miles is 5,050. SO WTF YOU GOT TO SAY NOW! What is with the swearing, its not my fault the insurance compnay is paying a game. i've been through this with Travelers, and its a tough nut to crack. You need to show how much it would cost to replace the car, not the blue book value, and hold your ground. You need to use newspaper ads, and other sources of info on the value of the car. get the banks statement in writing. Check your state laws on how it works. some states you have more leverage then others. Also if you can run out the clock arguing with them, you may have a better chance of getting your price. i got shafted on my legacy, but i also had injuries to deal with so i didnt have the energy to put up two fights at once. When my legacy got totaled, they pulled up the cars entire histroy (information not even carfax had) and told me there were three prior claims on it (possibly glass) and that that took away from value of the car. Save your swearing for people who are working against you, not trying to help, otherwise you may find no one wanting to help you. nipper nipper Quote Link to comment Share on other sites More sharing options...
SaltCar Posted July 25, 2006 Share Posted July 25, 2006 Talk to a lawyer, friend of the family, etc, only way to go. Next time you buy a used car don't pay more than the actual cash value. Even then you still get screwed. Quote Link to comment Share on other sites More sharing options...
idosubaru Posted July 25, 2006 Share Posted July 25, 2006 if the accident wasn't your fault they will give you far more than that. you need a lawyer unless you're really good at dealing with this kind of situation. if the accident was your fault then you're more at the mercy of your insurance company. i'm not surprised at all at $2,600 figure. i'm not saying they don't cost more, only that i'm not surprised. take the money and buy this one for half the $1,300 (or talk him down): http://philadelphia.craigslist.org/car/185618511.html then you'll have $1,300 in your pocket minus flight and gas or shipping ($500-$800). Quote Link to comment Share on other sites More sharing options...
SuBrat84 Posted July 26, 2006 Author Share Posted July 26, 2006 I'm sorry for the attitude everyone. It's just that I was really really frustrated that day.. and having people telling me "All it's worth is $2600" was NOT helping me any. The WTF stuff was directed more at SVX net where I was getting told even more rudely that I shouldn't expect more than $2600 for my SVX purely on the fact alone that it has 207k miles. Who cares it is rust free with a nearly perfect exterior/interior very well maintained etc etc. How would you like it if someone told you your car was worth half what it should be? And then further insulted you by saying "You should feel lucky they aren't trying to tell you $1500!" Good luck finding an SVX in as good a shape as mine was regardless of miles for $5000. And the reason I'm so upset about it all is I still owe $4300 on it.. The insurance company should at least be willing to pay of my lien. I didn't elect the Gap because my car appraised at $7000 when I bought it for $5000. I can't believe it depriciated 4500 dollars in 22,000 miles of driving. Quote Link to comment Share on other sites More sharing options...
otis Posted July 26, 2006 Share Posted July 26, 2006 And the reason I'm so upset about it all is I still owe $4300 on it.. please don't send me a "WTF" for saying this ... but without gap, the insurance company doesn't have to pay you the payoff (imagine if you only owed $100 on the car and that's all they payed you). they just have to pay you what it's worth. and while I'm sure your car was indeed worth more because of it's condition, it's hard to say what the car is worth with no rust, or new transmission, etc- because people put different value on these things. but if you say you got the car appraised last year, show that appraisal to the insurance company. I got to think that would be an "objective" number used to determine the value of the car. Quote Link to comment Share on other sites More sharing options...
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