05-17-2013, 04:13 AM
I was wondering if someone could offer a bit of advice on a current situation with insurance and them wanting to write off my girlfriend's car.
She has a 2003 Altima SE with the power group -- well maintained, good condition, 100,000km, etc.
The cost to fix the car is about $5,000... and the insurance company wants to write it off for $4100.
She can buy back the car and get $3,000. The insurance company says this is non-negotiable.
The thing is, you can't buy a used Altima of the same trim level (nor condition) for $4100 -- and only a very few are under $5,000.
I would have thought that they could just settle for $4,000, and let her cough up the difference in repairs... How the hell is she supposed to get a car back that is of equal value to the one she had?
what are our options?
She has a 2003 Altima SE with the power group -- well maintained, good condition, 100,000km, etc.
The cost to fix the car is about $5,000... and the insurance company wants to write it off for $4100.
She can buy back the car and get $3,000. The insurance company says this is non-negotiable.
The thing is, you can't buy a used Altima of the same trim level (nor condition) for $4100 -- and only a very few are under $5,000.
I would have thought that they could just settle for $4,000, and let her cough up the difference in repairs... How the hell is she supposed to get a car back that is of equal value to the one she had?
what are our options?
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