Quote:
Originally Posted by midwestbmwguy
Fortunately after a lot of fighting back-and-forth. The other parties insurance company came up and gave me a settlement offer that I will accept. They made the process very difficult but they finally understood they had to resolve this claim. I stood my ground regarding value and options and won. Don't be afraid to challenge them if you're right.
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Getting paid from an insurance company is wildly different than what you receive in the open market, trade in or private sale. Insurance companies use the algorithm based NADA/Blue Book values which are fantasy land while the car industry uses the Manheim Black Book which is the bible of that business because it is based on exact prices paid at auction nationwide.
Anyone who works or has worked in this industry will verify the above statement.