Thanks for the help. Michael Esh 220 Robinwood Drive Whitehall, MI 49461 michael...@mac.com (H) 231.894.5505 (Cell) 231.286.2344
On May 02, 2011, at 10:55 PM, Allan Streib <str...@cs.indiana.edu> wrote:
Mike Esh <michael...@me.com> writes: > Daughter rear ended a truck with the 84 300D. I anticipate the > insurance will total it and come in with a low ball offer. It has > 300,000 mile on it and is in very good condition, new paint, > suspension, rear end, half shafts, various parts and pieces. What is > the best way to establish value? Thanks in advance, Mike My experience is that with auto insurance, for a total loss they will pretty readily make an offer that's about at "book value" or maybe a bit more. Which is fine if the car is new enough that there is a reasonable book value to be found. For a 27 year old car, no such luck. They'll probably value the car a bit over its scrap value, which is why I only carry liability on my old cars; I'm willing to accept the risk of a total loss on a car that I could replace for a couple of thousand, tops. However, there are a few online "classic car" pricing guides. I tried NADA's "Classic Car" guide and for my 1983 300D it came up with the following pricing: Low Retail: $4,750 Average Retail: $6,600 High Retail: $8,850 These numbers seem to me to be pure fantasy, but I'd run the quote for your car and take it in .... what can you lose? Also try to document any other recent sales or ads, e.g. eBay, Craigslist, etc. Good luck. Allan -- 1983 300D _______________________________________ http://www.okiebenz.com For new and used parts go to www.okiebenz.com To search list archives http://www.okiebenz.com/archive/ To Unsubscribe or change delivery options go to: http://mail.okiebenz.com/mailman/listinfo/mercedes_okiebenz.com
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