[NefCanuck]

ZX3_2NV,Jan 21 2009, 05:30 PM Wrote:

Canadian ST,Jan 20 2009, 04:21 PM Wrote:I bet for the same price as your old Jeep you can get a loaded Rubicon model now.
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Basically that is what Insurance is telling me now. The replacement value on my Jeep is $26800 according to Chrysler. So I asked my insurance adjuster how much am I getting back. He said call Chrysler financial and see what your buy out price is today so I call they tell me my buy out is $28,*** I was in shock I didn't even here the other numbers. WTF Where has my $625 Monthly payment plus my $5000 down payment gone? I called back my insurance adjuster (Belair Direct) and even though I fought with them that $26800 was to low for a replacement I knew it wasn't to far off. I asked him what happens If there $26800 doesn't cover the buy back he states well then Chrysler will call you and tell you that you still owe them $12** Can you believe that Sh!t.

Ohh and to boot I was told there would be no depreciation on my Jeep. So where did they get this $26800 Number from I’ll be calling back tomorrow morning when the girl that told me there would be no deprecation is back at work.
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Hrm, they are probably relying on the lower MSRP when they're doing this.

Thing is, the replacement insurance that you get on a new car for two years from the date of purchase of the new vehicle gets you an exact replacement vehicle, what you paid for it, or the money representing what it will cost the ins. co. to replace it whichever is less.

See the scam? If you're too far "upside down" on the car (owe too much) when you crack it up and the cost of replacing it goes down, you're screwed <_<

NefCanuck