So I don't want to get double smucked. - Calgarypuck Forums - The Unofficial Calgary Flames Fan Community

JohnnyFlame · 03-24-2009, 07:52 AM

Some dumb broad who was on a cellphone ran into me and my car has been written off. So my car which was in excellent shape is toast thanks to some loser. But now the double smuck can come my way as today I get offered a sum for the car.

Where can I check other than google, the bargain finder, usual stuff for prices so I can tell if they are giving me a reasonable offer? Should I reject the first offer no matter what it is?

Yes I'm in the market for a car and yeah all I have is the cash I get from the insurance company.

Rathji · 03-24-2009, 07:58 AM

I seem to recall someone posting an online service here within the last couple weeks that offered 'book' prices for any model. Can't remember for sure what the thread was about though, let me see if I can figure it out.

Fobulous · 03-24-2009, 08:02 AM

I would also check out autotrader.ca and see what your make, model, mileage of car is going for.

JohnnyFlame · 03-24-2009, 08:03 AM

I was also wondering if it's worth it to put some junk tires on it and grab my new winter tires?

VladtheImpaler · 03-24-2009, 08:03 AM

Quote:

Originally Posted by JohnnyFlame

Some dumb broad who was on a cellphone ran into me and my car has been written off. So my car which was in excellent shape is toast thanks to some loser. But now the double smuck can come my way as today I get offered a sum for the car.

Where can I check other than google, the bargain finder, usual stuff for prices so I can tell if they are giving me a reasonable offer? Should I reject the first offer no matter what it is?

Yes I'm in the market for a car and yeah all I have is the cash I get from the insurance company.

Being a PI lawyer I can't pass this up.

First of all, typically the at-fault insurance will offer you black-book (or whatever book is now in vogue

) value for the car. They may be willing to bargain with you to a point, but inevitably you lose out on the vehicle. Look at bargainfinder and try to find some higher-priced identical cars. They will also credit you with recent improvements (not maintenance type stuff like new brake pads, but if you put in a new fancy stereo system).
If you have any questions, PM me or, if you don't care about privacy, ask here.

evilcougar · 03-24-2009, 08:03 AM

there is also the thread on here by TimSJ called i'm a car salesman ask me anything. he may have some answers or at least be able to point you in a good direction.

Rathji · 03-24-2009, 08:10 AM

Quote:

Originally Posted by Rathji

I seem to recall someone posting an online service here within the last couple weeks that offered 'book' prices for any model. Can't remember for sure what the thread was about though, let me see if I can figure it out.

I can't seem to find it. Maybe I am was remembering this site from MoneyGuy's thread about buying a new car. I don't think that it has the info you want though.

MaxPower · 03-24-2009, 08:33 AM

Quote:

Originally Posted by JohnnyFlame

Some dumb broad who was on a cellphone ran into me and my car has been written off. So my car which was in excellent shape is toast thanks to some loser. But now the double smuck can come my way as today I get offered a sum for the car.

Where can I check other than google, the bargain finder, usual stuff for prices so I can tell if they are giving me a reasonable offer? Should I reject the first offer no matter what it is?

Yes I'm in the market for a car and yeah all I have is the cash I get from the insurance company.

If only there was a speed on green camera in the area, that would have prevented this accident. <=green text

I guess the silver lining may be that this is a buyer's market????

JohnnyFlame · 03-24-2009, 08:44 AM

Quote:

Originally Posted by MaxPower

If only there was a speed on green camera in the area, that would have prevented this accident. <=green text

I guess the silver lining may be that this is a buyer's market????

Is that true in the car market? I sure hope so.

Raekwon · 03-24-2009, 08:48 AM

Quote:

Originally Posted by VladtheImpaler

Being a PI lawyer I can't pass this up.

First of all, typically the at-fault insurance will offer you black-book (or whatever book is now in vogue

) value for the car. They may be willing to bargain with you to a point, but inevitably you lose out on the vehicle. Look at bargainfinder and try to find some higher-priced identical cars. They will also credit you with recent improvements (not maintenance type stuff like new brake pads, but if you put in a new fancy stereo system).
If you have any questions, PM me or, if you don't care about privacy, ask here.

Here we go, Fancy that a PI lawyer thinks he knows insurance

Just keep in mind that the insurance pays you the actual cash value of the vehicle and not what you paid for it, something to keep in mind for the next vehicle you purchase.

The best way to raise your ACV is to show comparable vehicle examples. Basically find out what similar vehicles are selling for and present them. Keep in mind the biggest factor will no doubt be mileage.

Back when I was doing liability before I switched to injury nothing hurt me more to see someone that just paid $20,000 for a used vehicle a month prior and that vehicle was worth less than they owed on it.

worth · 03-24-2009, 08:48 AM

http://forum.calgarypuck.com/showthread.php?t=36951

Sample00 · 03-24-2009, 08:53 AM

Quote:

Originally Posted by JohnnyFlame

Some dumb broad who was on a cellphone ran into me and my car has been written off. So my car which was in excellent shape is toast thanks to some loser. But now the double smuck can come my way as today I get offered a sum for the car.

Where can I check other than google, the bargain finder, usual stuff for prices so I can tell if they are giving me a reasonable offer? Should I reject the first offer no matter what it is?

Yes I'm in the market for a car and yeah all I have is the cash I get from the insurance company.

if you can provide me with the year make model of the car along with KM's I can find you some pricing in regards to value. Let me know if it had any upgrades too.

VladtheImpaler · 03-24-2009, 08:55 AM

Quote:

Originally Posted by Raekwon

Back when I was doing liability before I switched to injury nothing hurt me more to see someone that just paid $20,000 for a used vehicle a month prior and that vehicle was worth less than they owed on it.

This point bears repeating. Keep in mind what you owe for financing has no bearing on what you will get for it. So, if you owe $22K, but book value is $16K, you are SOL.

Rathji · 03-24-2009, 08:58 AM

Quote:

Originally Posted by VladtheImpaler

This point bears repeating. Keep in mind what you owe for financing has no bearing on what you will get for it. So, if you owe $22K, but book value is $16K, you are SOL.

I went through this with my first new car that my brother wrote off when he borrowed it without permission. 6 flips across the TransCanada later I owed 4 grand more than insurance wanted to pay out for it. I talked them up a bit, but in the end I was stuck with 2 grand out of my pocket and 1 grand I squeezed from my brother.

JohnnyFlame · 03-24-2009, 08:59 AM

Quote:

Originally Posted by Raekwon

Here we go, Fancy that a PI lawyer thinks he knows insurance

Just keep in mind that the insurance pays you the actual cash value of the vehicle and not what you paid for it, something to keep in mind for the next vehicle you purchase.

The best way to raise your ACV is to show comparable vehicle examples. Basically find out what similar vehicles are selling for and present them. Keep in mind the biggest factor will no doubt be mileage.

Back when I was doing liability before I switched to injury nothing hurt me more to see someone that just paid $20,000 for a used vehicle a month prior and that vehicle was worth less than they owed on it.

Well hopefully I get what they are listed for on autotrader.ca as that's what I'll need to make a comparable purchase.

PsYcNeT · 03-24-2009, 09:13 AM

Quote:

Originally Posted by JohnnyFlame

Is that true in the car market? I sure hope so.

For new cars, this is a buyers market.

For used cars, there is a lack of good ones b/c everyone is selling off their new cars and buy cheaper used ones :/

JohnnyFlame · 03-24-2009, 09:35 AM

Quote:

Originally Posted by Sample00

if you can provide me with the year make model of the car along with KM's I can find you some pricing in regards to value. Let me know if it had any upgrades too.

Sample I sent you a PM.

JohnnyFlame · 03-24-2009, 09:41 AM

Quote:

Originally Posted by VladtheImpaler

This point bears repeating. Keep in mind what you owe for financing has no bearing on what you will get for it. So, if you owe $22K, but book value is $16K, you are SOL.

I don't owe anything and it was an old car. 1999 Toyota Tercel. I'm not getting royally screwed but I do have to put a reliable car on the road with the money I get from the insurance company. Life is so fun sometimes. This car has been one of the best I've ever owned and I'm just driving along and smuck. I shoulda done the dishonest thing and crawled out of the vehicle and blamed my bad back on the accident.