Tuesday, December 20, 2011

What factors add to the value of my used car? new tires? new brakes what?

i was in an accident and my car was damaged. the insurance company has to determine if the repairs are more than the value of my car. my friend says to tell them about my new tires, that adds value. what other things can I add to up the value? i also have new rotors, a new muffler, and some other stuff do they count? what counts?|||Lol, your friend is not helping you. He's hurting you.





The insurance company knows that people try to add value to their vehicles.





New tires, new muffler, etc, do not add to the value of the car. They help keep the value of the car at what it should be.





For example, if a car is worth 1,000 in fair condition, and something breaks on it, say the tires are bad....so you get new tires. It's now back to fair condition.Which means it's worth 1000 again. Even if they're $5000 tires. It doesn't make any difference.





So, unless you want to be laughed at by the insurance company, accept the value that they state the car is. Otherwise, you'll be guilty of attempted fraud.|||Howdy all, I found this great website - the address is in the box below - for all stuff about motor insurance, lots of tips, how to get budget insurance, teen drivers and all about claims too. Totally recommended!|||Insurance company base the value of a car of the blue book price. I would look up the model make and year of your car and that would give you a ball park figure of what they will give you.





Kelley Blue Book


http://www.kbb.com/





Edmunds(another car pricing guide)


http://www.edmunds.com/





Print out the price that both KBB and Edmunds give you for documentation to give the insurance company. Make two copies so you have one for yourself.





Anything that proves you maintain the car and keep it in good working condition. It varies from state to state. Along with what you have listed, On Time Oil Changes, Brakes, Wheel Rotation and alignment, On Time Tune Ups and Servicing, but you need the statements from the mechanics to prove that all these things were done. This won't increase the value but it may qualify you for the max amount the insurance company will pay.





This link is for orange county but it may give you some other ideas


http://orangecountyautomotive.com/top12.鈥?/a>|||Nothing counts.............just the cars value at the time of the accident will count...(ACV) Actual Cash Value.

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