[Shotimes] Insurance claim: Looking for input.

[Paul L Fisher]

What I would do is print out some of the classified ads from www.shoclub.com
as well as looking at Autotrader.com and showing them comparable values.
Hey, show the person wanting $4000 for the wrecked '93! In addition, you
have some additional negotiating room since it wasn't your fault. Show them
receipts for all the recent repairs/additions.

Also, go to www.edmunds.com, www.kbb.com and other price sites and get the
value. They should pay you for the value plus local tax.


Paul L Fisher

Visit my website: http://www.paul-fisher.com
SHOClub Member: http://www.shoclub.com
Amsoil dealer: http://www.paul-fisher.com/oil


-----Original Message-----
From: shotimes-admin@autox.team.net [mailto:shotimes-admin@autox.team.net]
On Behalf Of Carl Prochilo
Sent: Wednesday, July 06, 2005 3:31 PM
To: shotimes
Subject: [Shotimes] Insurance claim: Looking for input.

The estimate to fix my car was $1825.  The insurance company of the party at
fault says that the value of my car is less than the repair costs so they
want to settle for $1499.  I don't know how they determined the value, but I
suspect most of it has to do with the mileage on the odo of 215K.   Now, the
car has several upgrades, and they are telling me these have no bearing on
the value of the car.  Is this true?  Is my logic valid or should I just
forget about it.  My letter back to them has stated the following.  

b"	UPGRADE:  The replacement engine is an increased displacement one at
3.2 litres (original was 3.0 litres).  It had 80,000 miles at time of
removal from donor car.  The original motor had 197,000 miles when it
failed.  Therefore the total mileage on the new motor is approximately
98,000 miles.
b"	UPGRADE:  The front brakes work referred to below are another
performance upgrade.  These brakes are upgrade to the larger 12b brake size
used by later year SHOs.  In addition, steel braided brake lines were
installed.
b"	UPGRADE:  The car also has a new $1100 wheel/tire package upgrade
from discounttiredirect.com.
b"	Collectively, these items increase the value of this car.


====
Cheers,
Carl Prochilo
1992 Ultra Red Crimson
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