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re: OT Car Insurance Claim Question

Posted on 6/20/17 at 3:25 pm to
Posted by Belaire Buck
Not in Bama
Member since Nov 2011
107 posts
Posted on 6/20/17 at 3:25 pm to
Sounds like you have it backwards. Seems like the salvage value would be $1,400 and they would pay you $7050. I've never seen a salvage value that high.


ETA I got beat to the punch and didn't nearly explain it as well.
This post was edited on 6/20/17 at 3:30 pm
Posted by Tiger Prawn
Member since Dec 2016
22051 posts
Posted on 6/20/17 at 3:32 pm to
No, I think OP had it right. Salvage value being around 75% of market value isn't really that far out of line. Although he might be able to negotiate the salvage value down some
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