re: New car totaled - value for insurance.

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Only 6% down from what he paid is a VERY good offer considering the moment you drive the car off lot it's a used vehicle and typically plummets the value of it.

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If you bought a $35k new Subaru, drove it off lot, put it through 300 miles and a tank of gas in 2 weeks and decided you didnt like it...if you took it back to the dealer and said buy it back what do you think they would offer you?

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So many people in this thread don't understand the difference between the trade in value of your car versus what it costs to buy a replacement vehicle. I agree if you try to trade in a barely used car you will take a hit but the trade in value is irrelevant. The insurance is there to get you a replacement vehicle not give you the trade in value of your vehicle.

At the end of the day, they should be giving you the money to replace your vehicle with the exact same vehicle (same year, trim, model, options, miles, etc.) This number is not the same as the trade in of your 3 month old vehicle.

As for the comments regarding the value of a car plummets after you drive it off the lot doesn't really apply. If you try to buy a 1 day old car that has 10 miles on it, you aren't going to get it for a big discount. It is also important to remember it should include taxes as well.