(no subject)

[David]

I would challenge them to "find a used car in that condition for that price"...it has always worked for me. I agree, retail is the ONLY way they should pay. Make them find you a car in your area that is in about the same condition for the same price...

Dave
87.5 CGT
SE Virginia

>
> From: "Chander Balakrishnan" <balakrishnan3 at comcast.net>
> Date: 2003/08/26 Tue PM 04:04:29 EDT
> To: "Quattro List" <quattro at audifans.com>
> Subject: (no subject)
>
> This is a multi-part message in MIME format.
> --
> About 4 weeks ago, my 1989 200 quattro sedan was rear ended by a big bad SUV
> at a traffic light.  The rear left fender is badly damaged, as is the tail
> gate, etc etc.  The other guy did not have insurance (he had a certificate
> that he showed to the police officer who wrote the report, but we later
> learned that the certificate was phony).  So my insurance company is going
> to pay and recover from the other party.
>
> My insurance  company has estimated the value of the car at $ 3150 excluding
> the upgrades.  They used the Kelley blue book as the basis, and estimated
> the value as a private party, and described the condition of the car as
> excellent.
>
> While this seems like a reasonable basis for estimating the value, should
> they be using the retail values for estimating instead of private party ?
> After all, if I wanted to buy a car, would I not be looking at retail ?  The
> Kelley retail values are higher than the private party estimates by quite a
> bit - $ 4550.
>
> I would appreciate if listers could share their experience with me as to how
> their insurance companies have dealt with them.  I have 4 cars insured thru
> my company plus home, plus life insurance plus college savings fund.  I do
> quite a bit of business with my company and right now I feel very upset,
> that they would use the private party database instead of retail.
>
> I had purchased the car from Scott Mockry, with several upgrades and new
> items.  Just about everything that could have worn out was replaced by
> Scott, and in addition he had upgraded the rear brakes to V8, installed
> Eibach springs and Koni shocks, plus of course his ecu upgrade.
>
> The repair estimate using used parts is $ 4500.  I am trying my best to save
> this car.  I do not believe I can buy a replacement for $ 3150 that is
> anywhere close to the car I got from Scott.
>
> TIA
>
> Chander
>
>
>
>
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