
My car a Honda accord touring coupe was valued at $13,998.61 with 68k miles versus the comparable being Lower trims and value higher comp 2 specifically adjusted value is 16k with 98k miles on it and is the base trim. Also looking I see none of the comparable is my car all lower Trims. So ultimately I think they’re trying to lowball me. This is my first time in a total loss situation so what should I do.
This was my given statement to the adjuster
Good morning, Thank you again for the offer, when you get a chance I like to discuss the valuation of my car versus the comps.
My vehicle only had 68k miles (Touring model) versus the adjusted values of both comps being higher mileage & lower trim lines (LX & EX-L same branded title)
I see that Comp 2 vehicle adjusted value is $16,121 , which was a base LX versus mine was a Touring model(Highest Trim) & also the mileage on the vehicle was 98k versus mine being at 68k miles.
So ultimately I think with the features of the touring model + being in really good condition versus the comps. I think a fair counter offer would be in the 16k range
What do you guys think I should do, a clean title is value at 17-18k so mines is branded in excellent condition should be valued between 15,500 – 16k
Any advice would be appreciated
Posted by Party-Conclusion-215
3 Comments
There should be adjustments listed to account for the trim and mileage difference
Branded title and excellent condition, don’t happen.
Sorry OP but your vehicle may have been put back into great condition after being totaled but the value is what is that vehicle selling for on dealership lots. A branded title is absolutely going to reduce the settlement value by more than 1 or 2k. I suggest calling dealerships and give them the exact info and ask what they would list on the lot for, not trade in value. You really are in a unique situation but the adjuster still has to support the offer.