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Date:         Fri, 28 Apr 2006 19:32:24 -0700
Reply-To:     Mike Miller <mwmiller@CWNET.COM>
Sender:       Vanagon Mailing List <vanagon@gerry.vanagon.com>
From:         Mike Miller <mwmiller@CWNET.COM>
Subject:      Re: Vanagon $$ Value
Comments: To: John Bange <jbange@GMAIL.COM>
In-Reply-To:  <6da579340604281844l23e86d37r859071648d4389e4@mail.gmail.com>
Content-type: text/plain; charset="US-ASCII"

You can, or at least I did, get a higher valuation by sending them comparables. It wasn't easy.

Mike

On 4/28/06 6:44 PM, "John Bange" <jbange@GMAIL.COM> wrote:

> On 4/28/06, Max Wellhouse <maxjoyce@ipa.net> wrote: >> >> www.kbb.com says my 90GL in good condiiton is only worth $2400 at zip code >> 50613. Go figure. >> >> > Yeah, I wonder where that $5400 came from? Do banks have some vested > interest in a highball eval? My insurance agent said my Vanagon was covered > at a value of $1900. He said the number was arrived at using the standard > method, a combination of blue book ($2400) and some weird company I never > heard of before who says it's worth $1400! He said this method ensures a > "fairer valuation". My butt. That lowball estimating company seems to exist > so the usual insurance thieves don't have to pay full KBB value, which is > already low. Given a $1000 deductible, I cancelled my comprehensive. If > they're only gonna give me $900 for a totalled vanagon, I might as well save > the money on the premium. > > -- > John Bange > '90 Vanagon - "Geldsauger" > >


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