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Old 29 Jun 2005, 02:18 pm
nospam@nospam.com
 
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Default Re: Surprising Insurance Appraisal on a 6 yr old Civic


Larry Wrote:
> A few weeks ago, we lost our 1999 Honda Civic due to theft. In this case
> the thief stole my daughter purse while she was out with friends and
> they
> proceeded to her apartment where she attends college and stole her car.
> It
> has never been recovered. We had no intention of being in the car
> market
> until she was done with college and we were done paying college
> expenses.
> Our vehicle was a 1999 Honda Civic EX Coupe with AT and 66,000 miles.
> It
> was in very good condition with no other options. The insurance carrier
> (Allied Ins Group) performed their inhouse appraisal of the car and
> determined it's value including unused registration fees and sales tax
> to be
> $10,733. Minus our $500 deductible off this amount, we were able to
> replace
> it with a 2003 Honda Element EX FWD with 23,000 miles on it for $12,988
> +
> taxes and fees. We were astounded at the valauation and our best
> optimistic
> guess of value was between $8500 - $9200 in value minus our deductible.
> Needless to say, an unhappy beginning had a very happy ending.


Good for you Larry!


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