If the price of repairs is more than the BB value of the car then they total it. They want to give you the lesser of the 2 values. If it costs $3k to fix a $1000 car, they want to give you the lower price. Depending on the car, you can try to dispute it. You can look on autotrader and like websites and try to establish an actual "market value". You will need at least 10 listings printed to prove it.Originally Posted by gsrteg
For example, if you look up the KBB value of a TURBO Supra with 150k miles it is:
Condition Value
Excellent $18,000
Good $16,705
Fair $14,990
They actually sell for more like $30k give or take in the real market. The insurance company will try to give you $15k. You can also go to an "expert" and have them appraise the car for market value.




Reply With Quote