Quote:
Originally Posted by ashtray
Remember you won't get back the sales tax you paid, so thats a couple thousand right there; plus figure a couple thousand depreciation for driving it off the lot. I think getting a check for $24k would be generous, but thats between you and insurance.
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False. See the snip from my claim below. My car actually had less than 5000 miles on it (almost the same as OP), contrary to the 6000 that I mistakenly mentioned earlier. The way I see it, the difference of a few hundred below what I paid OTD is the cost of me driving the car for 3 months.
They should calculate the fair market value of your car at its current mileage, compensating for depreciation. Whether or not they will compensate for mods depends on your policy.
At $21k in damages, it's almost guaranteed a total loss. Depending on how well your insurance company takes care of you (it does vary between different companies), you have a good chance of netting zero from this incident.
If you ultimately want more payout than what you are offered, the burden is on you to provide evidence that your car is worth more. E.g., find local listings of a similar car for sale.