How do I determine market value of my vehicle? - vehicle market value
I PUR. my car a year ago, 6 months later, he met an accident. It was a total loss case.Insurance MKT include the value of which is at the time of loss and insurance, and $ 52,000 from AB, including the registration of the Council of Europe and the finance company rebate.Loan PARF $ 72000, HV, the top-up $ 20,000 ie, I asked him how the insurance company that led the market value of the vehicle but they said they received the sum of the inspector, but when asked to speak to the inspector, who is rejected. My problem here is there another way how to determine the market value and if market value is worth mentioning that some n? I frm finance company loan of $ 62,000 for the vehicle, but I ended up paying $ 72,000 for the payroll increase is now.The refunds Theorem rapid and efficient solution that was given before! Loan Office was clear that $ 62,000 for the car itself, in part, and said we did have to go back discounts, is it true that we pay cash discounts?
3 comments:
That is the problem for people who took a loan for buying a car from above. The recent changes in financial condition of the rule to 100% of the loan by the government not allow a real risk. His case is one of them.
Normally, when a car is a total loss, the "market value" is the value of the paper, which is based the return of the PARF and COE. Thus, the amount of $ 52,000 should be considered a lot.
You must completely different, which is S $ 20,000. The problem we now face because of the high and the repayment of the loan money that was taken before or at fault. You're not the only one with this problem, grant the government for loans to 100% so the banks deserve to hell lot of money, but you must also not to blame for the planning of the financial situation before buying the car.
You may experience kbb.com
They have agreed on the loan, which means you pay more for the car, then it's market value. The controller works for the insurance company, not you. He wants to bring the lowest possible price if the car was considered a total loss, and received fair value. If you feel you should have done more, then you have to show you why. For example, you add in tires / wheels, stereo speakers and additional interest, these things add value. If you have high mileage, the condition was lacking, making it drop the value. You can check the blue book value of your car to determine whether you have a good price, but, as he has more than 20,000 of market value, I think they are the opposite. Only had the car for a year and a half, she had not paid, but has a penny in the capital, the majority of the payments were interest. I am not familiar with all the savings in money, so I do not know what to say, but I know that you are still responsible for the compensation due, unless you take INSU "gaprance "which are not shown. Sorry, but you pay more than it should have been.
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