Anonymous asked in Cars & TransportationInsurance & Registration · 1 decade ago

Car Crash, this fair?

long long, story short a drunk, speeding lady rammed my moms parked jeep and totaled it, it was a 1996 grand jeep cherokee limited edition, not the best car but my mom loved it & wouldn't let go, the insurance company is trying to give us a really low loww appraising value, what should we argue for, is that fair?


i should have said also that she has put around 3,000 dollars of repairs. to make it better, because she liked it.

4 Answers

  • Boots
    Lv 7
    1 decade ago
    Favorite Answer

    Your mother loved it and would never part with it.......that's great but it has no bearing on the value of the car.

    A buyer would not have paid more for the car (before it was wrecked) just because your mother loved it.

    What the ladies insurance company owes you is the Actual Cash Value of the vehicle just before it was damaged. What the vehicle would have reasonably sold for given its age, condition, options, mileage.

    Sorry, but Moms emotional attachment to the vehicle has nothing to do with what its worth.

    This is a business transaction.

    So....go to and look the car up. The insurance company would deduct from the retail value for the cars condition. (such has - if the paint is in poor shape, or it needs tires). If the car is in better than average condition - they would add to the value. But this is very rare to find a car in better than average condition for it's age.

    They are giving you a low value because a 1996 Jeep Cherokee Limited Edition is not worth much - it's a 13 (soon to be 14) year old car that you said yourself is "not the best".

    EDIT: As far as the 3K in repairs go. Some things you will do to a car can help it's value (such as painting an older car). Some things you do don't. ....those repairs are done just because you have to so the car will run (such as a timing belt).

    Even if the repairs help the cars value - they never add the full cost of the repair.

    Think of it this way - you have two Jeep GR. Cher. They are exactly alike in every way - except 1 had a new paint job done at a local body shop. The other has older paint that is faded out. The paint job cost 2500.

    Would you pay 2500 more for the Jeep with the new paint job?

    No. For that same 2500 you could buy the one with the older paint and go have it painted with a color you picked for 2500.

    But, you may be willing to pay 1000 more for the one with the new paint job.

    Give the insurance company copies of the receipts for the repair work was done. Again, it won't add the 3K it cost you, but let the adjuster see if any of it will help increase the value of the vehicle.

    Source(s): Insurance Adjuster 12 years
  • 1 decade ago

    Unfortunately, mechanical repairs do not add to the value of a vehicle.

    They are done to keep the vehicle running.

    When you spend a large amount to repair an older vehicle, you are basically gambling that money on the assumption that the vehicle will last long enough to make your investment worthwhile.

    I've actually done market surveys with dealers over issues like a newly installed transmission, and these things are not selling points.

    The dealers told me that major repairs like that indicated to them that the vehicle had not been well cared for and would lead their buyers to wonder what major thing would be next to go bad.

    If you look up the NADA figure, you will get the national average figure. The insurance companies and dealers get a regional figure that may be higher or lower than the one you get. The NADA website collects your zip code to track who is using the site, not for accuracy of the figure.

    Source(s): Claims adjuster
  • 1 decade ago

    Her jeep is 13 years old. It's not going to be worth a lot of money. It's unfortunate that your mom's jeep was totalled in an accident, but sometimes these things happen. Life isn't fair but there's nothing you can do about it. The insurance company is not going to change their mind. Your mom can use the money from the insurance company toward a new vehicle. Although she loved her jeep, she would have needed to get rid of it at some point. No car is meant to last forever.

  • 1 decade ago

    They should offer "fair market value" for the car. Check the classifieds and sites like autotrader to find out what similar (mileage and equipment) 96 Grand Cherokees are selling for. Keep in mind that the asking price could be quite a bit higher than what the car will actually sell for. My guess is that if they're offering more than $3,000 it's a fair settlement. If they're offering less show them your price survey and have your mom tell them what she thinks is a fair settlement.

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