ObsesionWitSped;91596 wrote:1. How do you guys determine the total value of the car that will be paid out?
and..
2. When do you guys offer your client to buy the car back?
1. We use N.A.D.A. to determine the value of a vehicle. That includes the mileage and options. We do take off the value if your car has UPD (unidentified prior damage), I'm not talking about door dinges and sctratches, but more like crackes in bumpers from other accidents, rust, interior rips, hail, ect. Also we get a salvage bid from a vendor for the total loss.
2. I really don't know that situation becuase I don't really deal with that side of the claims. But I would think it's still your car until you take the check. I would figure you can work with your handling rep to come to an amount to buy your car back.
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