my car just got totalled and it wasn't my fault, how can I estimate how much money I can get back?

Question

Is it the trade in value-the retail value? any site to find out? THANKS

Answer 1

if your vehicle was totaled by the insurance company, than they would go by the nada blue book to access its value.

Answer 2

If your car is totaled, the value that is arrived at by the insurance company is ACV, actual cash value. It's not blue book, nor NADA, but NADA is close. ACV is what it would cost you to buy that same car in the marketplace. Going to some of the sites mentioned in the other answers will give you an idea, but may not be the same as the evaluation tools used by the claims adjusters.

Answer 3

Usually your insurance company will handle the estimates. I wouldn't rely on blue book values or anything. I was rear-ended six years ago and the insurance company was going to write it off as a totalled vehicle. I looked up the blue book value and it wasn't that much. I was going to ask for the $1300 I paid for it but my instincts told me to keep my mouth shut and hear what the insurance wanted to pay me and I'm glad I did...the insurance company wound up paying me over $2600 for the car! So I actually made a profit and that $2600 came in handy for a down payment on a brand-new truck!

Answer 4

depends on several things? was it financed? if so, the bank will want their money and if the car was worth less than what you owe them (and you didn't have gap insurance) you could end up still owing the balance to the bank.

if you owned the car, check out kelley blue book online and check out the blue book value. I would guess they would go by the trade-in value.

Hope everyone is okay. Good luck.

Answer 5

Retail value.

Answer 6

it depends on the cars value! if the damage is more than the cars book value the insurance will give u the books cost

Answer 7

What Chris said.

Answer 8

nada.com