[originalcar]

My 97 Integra LS hatchback with 137583 miles and auto transmission was totaled in an accident. The insurance company wants to pay me $3700 actual cash value. The car had lower than normal mileage, was one owner and had been well maintained and in good shape. I have seen similar cars online with more mileage for $4500-4900, but the insurance company reports they only pay "actual cash value" and not listing prices. Is this a fair price?
Thanks for any input.

 

[S2K2K4]

You could fight them, but honestly, thats not a horrible price for an Automatic LS.

 

[92integ]

I call BS on them saying they only pay "actual cash value" and not "listing price"! I know this from personal experience...3 times in fact!!!!!
There is a way to get more $$ from the insurance so your not feeling ripped off, Ive done it 3 times and they didn't seem to have a problem doing so. All you need to do is find 3-5 cars online that are the same year's, trim levels, and around same mileage as yours. Then print out the ad's and give them to the insurance company to look over.

Ive done this 3 times and it has worked EVERY SINGLE time, they tried to give me $1,200 when my 1991 Integra got totaled and i said "no way, i can't even buy a replacement 1991 integra for that in my area" so i suggested printing out ads to show them and they agreed. After going on Craigslist and finding 3-5 1991 integras at DEALERSHIPS that were anywhere from $2,500-$3,200 i showed them the ads and i was able to get $2,600 OR $2,300 and my car back.

If you haven't already collected $$ from them id definitely ask them if you can do this....let me know how it goes if you haven't already cashed out, like i said...Ive done it 3 times now and they agreed that i could do that and all 3 times i have gotten more $$ from them afterwords. :boink:

Just be sure the cars are the same year as yours or within 1year older/newer than yours, close in mileage...max of around 20k-30k difference in miles, same trim levels(if you got auto windows, AC, sunroof, ETC. then find ones with those), and find cars at dealerships since we all know they charge waaay more...but even the insurance company told me they HAD to be from dealerships! Their smart people....:mhihi:

EDIT: Look at the integra in my avatar pic.....see that tiny dent in drivers fender above the wheel, they totaled my teg for that and i got $2,300 and my car back ROFLMFAO!!!!!

 

[92integ]

Oh and on a side note, how bad did your teg get totaled? Did you just get rear ended or something? if you decide or already decided to buy it back from the insurance company ill gladly buy the engine out of it for a few hundred, id at least pay you what you had to give insurance to get the car back...ill drive wherever to pick it up, and ill pull it and everything.................?

Of course this is assuming that the engine is still perfectly fine and what not, and i don't want the tranny but if that's still good then you should be able to get rid of the auto tranny on Craigslist easily for $300-$500.
I always get the car back + the $$ because 99.99% of the time its only a few hundred to buy car back and there's usually around $1,000+ to make off the car if you part it out.

 

[chad44]

For the mileage and the year. $3700 would be very close to trade in value. I believe it's a fair price.