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Showing results for tags 'Defnition'.
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My insurance company can't seems to tell me in detail how they arrive at that value. Only say will check with independent dealers. I recently sold me car for 134k as a direct seller on sgcarmart, all the car dealers i check with only willing to take in ranges from 105 to 115k. I would say fair market value is slightly above 130k conservatively. I told them my definition of market value is "the amount it will cost to replace a similar model and brand of about the same age with same warranty clause with manufacturer" They disagree and insist its the value given by dealers, but only will say it over the phone and not in writing. ANyone got expereicne how much they pay in the event of stolen vehicle or total lost?
