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my car was wrote of does anyone know of any web sites what give u a price guide of what they will pay out

2007-09-24 09:30:24 · 4 answers · asked by andrew b 1 in Cars & Transportation Insurance & Registration

4 answers

kelley blue book will give you a good idea

2007-09-24 09:39:55 · answer #1 · answered by My Pits A Lover Not A Fighter 5 · 0 1

Most insurance companies settle based on the NADA (national automobile dealers association) value. The NADA is considered the industry standard for insurance and most banks. They Do Not use Kelly Blue Book- so checking that source is a waste of time.

To get the NADA value go to: www.nadaguides.com.

The insurance company will consider the type of vehicle, mileage and condition. Most cars are not retail. If your car needs new tires - they are going to take a deduction from the cars value for that.

The insurance company settles with you based on the Actual Cash Value (acv) of your vehicle. That means, what could you have reasonably sold your vehicle for -given it's mileage and condition - prior to the loss.

2007-09-24 10:26:46 · answer #2 · answered by Boots 7 · 0 0

You SHOULD get market value -- cars that are selling in your area that are similar in condition, mileage and options as yours set the market or actual cash value. NADA is used to establish a base value.

2007-09-24 11:59:27 · answer #3 · answered by Anonymous · 0 0

dont go to kelley blue book. use nada.com

2007-09-24 09:53:58 · answer #4 · answered by la428282 6 · 0 0

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