1999 s600 51,000 miles
Asked by tdoblin Apr 08, 2015 at 11:17 PM about the 1999 Mercedes-Benz S-Class S 600
Question type: Shopping & Pricing
i have a 1999 s600 with 51,000 miles.....the other day i was in a very bad accident and i
think the ins company is going to total it. it was in mint condition and i paid 34,000 3
years ago.....what should i ask the ins for if they total it.....you can't find comps on it as
all others have 150,000 plus . if you look at the NADA it says 10-12,000 or even less. i
need information to support my claim that it was much more valuable
thank you tdoblin@gmail.com
4 Answers
Sorry to hear this.But sad to say,insurance is not made out to what it is suppose to be,most of the time they go off there on book to pay off ,meaning way cheaper than the value of your car,this said,if they do not pay what you think it is worth,then tell them to replace it,then they wiill see the real cost,good luck with it.
aim2002succeed answered 9 years ago
Insurance companies have system that tells them this price to this price and the use there best judgement. You'll be lucky if you get $8k or better. An you way over paid for the car even 3 years ago. I just sold an 07 Mercedes S600 w/70,000 for less than $34k. Do some better research call around an try not to get taken anymore by friendly sales people. Don't be upset with insurance be upset with the person who originally over charged you for the car.
Insurance companies are only interested in the Almighty Dollar Profit. They don't care about you, your 'feelings' as one commercial wants to make you think or the true value of the car. Just like the above post, if they offer you $8, you are lucky. If they send you a draft for $5,000 DO NOT cash it.....if you do you have accepted that as settlement
Do you live in a "No fault" State, and you carry full coverage not just liability, and what happened? I am not asking you to make a statement that it was your fault, they can use that against you. I have been a victim of car theft and what they paid me was a pittance of the car's value to ME
