Need help w insurance settlement "offer"
#1
Need help w insurance settlement "offer"
Close friend's 91 S8, approx 35K miles, is tentatively being considered a total loss w a proposed settlement in the $25K range. Car is ~meticulous. Anyone have suggestions for resources etc that we can talk to re establishing best value?
TIA fopr any/all responses
TIA fopr any/all responses
#4
Re: Unfortuntely, sounds reasonable.. thx 4 responses
Phew, I'm beginning to get that feeling too.
Have also spoken to an Audi reseller in CA who specializes in resale of S cars. Told me he'd recently sold an '01 with 29K miles for.... $29K, which is right in line w my friend's offer.
Tell ya what-- If I had the cash and was in the market for a kick-*** 4 door I'd be a buyer at these miles/prices!
Have also spoken to an Audi reseller in CA who specializes in resale of S cars. Told me he'd recently sold an '01 with 29K miles for.... $29K, which is right in line w my friend's offer.
Tell ya what-- If I had the cash and was in the market for a kick-*** 4 door I'd be a buyer at these miles/prices!
#5
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Check KBB.com, AutoTrader, etc...that's not a bad offer...
I agree with TimD. While we an all believe that this is a huge amount of car value for the price, it would be difficult to demonstrate a factual basis for a higher offer. Excellent condition on KBB is under $25k. There are about 20 '01 S8s on AutoTrader, with asking prices between $12300 and $18999 (with 1 private party at $24999). Some of these have been there for a while.
Tell your friend to take the money and run. Trying to justify a higher offer might cause someone at the insurance company to spend a few minutes doing the same little bit of research I just finished, and may actually get the offer reduced. If he/she wants to replace the car, there's enough there to get a very good condition '03 and probably have some $$$ left over.
Tell your friend to take the money and run. Trying to justify a higher offer might cause someone at the insurance company to spend a few minutes doing the same little bit of research I just finished, and may actually get the offer reduced. If he/she wants to replace the car, there's enough there to get a very good condition '03 and probably have some $$$ left over.
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#9
Thx again for all responses
Car has been flat-bedded to an authorized Audi body/resto shop in far north Chicago burbs for a closer evaluation. IMHO based on personal experience and collective wisdom of others, she oughta push for the total loss settlement and buy a replacement car....
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