W211 AMG Discuss the W211 AMG's such as the E55 and the E63

insurance total loss and retail value

Old Aug 15, 2013 | 10:26 AM
  #1  
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e63
insurance total loss and retail value

my 2007 e63 has been declared a total loss.
64,xxx miles and p2 package

insurance company is offering $30,695.00 + TT&L.

take the money and run or try and negotiate with them?
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Old Aug 15, 2013 | 10:38 AM
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negotiate with them you have nothing to loose.
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Old Aug 15, 2013 | 11:36 AM
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Were you in the car when it was totaled?
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Old Aug 15, 2013 | 01:00 PM
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Def. Negotiate, Insurance companies won't give you the highest offer on their first offer. Worse case you still get the original offer.
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Old Aug 15, 2013 | 01:10 PM
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I always just straight up tell them give me what I am asking, within reason, for the car or by the time this is done you will have paid double that in medical payouts.
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Old Aug 15, 2013 | 01:23 PM
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sounds a bit low
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Old Aug 15, 2013 | 01:58 PM
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Told them I'd take 32k.
They declined, saying they don't pay private party value.

I'm digging around the normal car sites looking for good retail prices.
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Old Aug 15, 2013 | 02:28 PM
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Get comparables in the area and show them.
Who was at fault? Any aftermarket items?
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Old Aug 15, 2013 | 02:32 PM
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Originally Posted by moosejaw
Get comparables in the area and show them.
Who was at fault? Any aftermarket items?
Who was at fault? the driver of my car (my insurance is paying).
Any aftermarket items? none.
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Old Aug 15, 2013 | 03:07 PM
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try edmunds true vale. its the closest the ins. will be to correct pricing. then search your area for the same car with the same mileage options etc. show them what ot costs to replace your car with a like model. thats the cost you need.

if it wasnt your fault sometimes its easier to file with your ins and let them chase the other guys ins. your out the deductable until your ins gets paid then you get it back
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Old Aug 15, 2013 | 03:10 PM
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My insurance is picking up the tab / single driver accident.

I'll take a look at Edmunds.

Thx!
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Old Aug 15, 2013 | 04:25 PM
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You're in a better position to argue about value when it's a third party claim( somebody hit you) You can still negotiate in this first party case, can you find a similar one for sale anywhere?
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Old Aug 15, 2013 | 08:50 PM
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sorry to say,but since it was just your car involved and your insurance company paying for it they are not going to give you more than that.the only way to get more for the car is if you have a medical claim too and are willing to settle the medical claim at the same time.
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Old Aug 15, 2013 | 09:53 PM
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If they claim that's this figure is the value of your car ask them where you can find one for that amount as a replacement. I would also check with your state's insurance commissioner's office.
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Old Aug 16, 2013 | 12:23 PM
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Don't do any private party prices. Call all local MBZ dealers or 3rd party dealers and find a few with the same options as yours. Whatever they are asking retail then show them that. Retail price is always higher
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Old Aug 16, 2013 | 12:36 PM
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Originally Posted by Sir-Boost-a-Lot
You're in a better position to argue about value when it's a third party claim( somebody hit you) You can still negotiate in this first party case, can you find a similar one for sale anywhere?
+1 when my car was hit (it was parked) I negotiated my way up pretty easily
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