How does CarGuru value differ from Edmunds or Kelly Blue Book

Asked by Guru92C63X Sep 08, 2022 at 01:20 PM about the 2011 Lexus RX Hybrid 450h AWD

Question type: General

I am trying to determine the "actual cash value" for  a Lexus 450H for an
insurance settlement. In particular, I want to be sure the last two year
increase in used car values and the impact of recent high gas prices have
been properly figured in arriving at a settlement figure. The CarGurus price
trend web page indicates the average value for my 2011 Lexus 450H is
$17,156. My offer from insurance adjuster is $12,645.

1 Answer
155,375

james answered about a year ago

Mileage and overall condition of the vehicle at the time of the loss effect the actual value of your specific vehicle. In addition opinions of the vehicle condition will vary. You might think the vehicle was in excellent condition but the insurance adjuster might rate the vehicle as very good. Vehicle options and option packages play into the value of the vehicle as well. I believe most insurance companies use kbb.com for their value determinations. Ask the insurance company how they arrived at their number and give them a printed copy of your number. Don't forget about the deductible, if applicable, as well. Hope that helps! Jim

1 people found this helpful.
Mark helpful

Your Answer:

Related Questions

Own this car?

Share your experience with others.

2011 Lexus RX Hybrid

Write a car review

Review another car

Shortcuts

Search Lexus RX Hybrid Questions

CarGurus Experts

  • #1
    Geekteach
    Reputation
    680
  • #2
    Guru558LV
    Reputation
    620
  • #3
    GuruZWCZY
    Reputation
    610
View All

Know more, shop wisely

Search

Related Models For Sale

Used Lexus RX
789 Great Deals out of 14,621 listings starting at $1,050
Used Toyota Highlander Hybrid
147 Great Deals out of 2,435 listings starting at $2,850
Used Lexus GX
228 Great Deals out of 4,048 listings starting at $3,950
Used Acura MDX
584 Great Deals out of 14,904 listings starting at $1,100
Used Toyota Venza
264 Great Deals out of 7,557 listings starting at $4,500
Used Lexus LS Hybrid
63 listings starting at $8,995
Used BMW X5
896 Great Deals out of 15,039 listings starting at $1,555

Used Cars For Sale

2022 Lexus RX Hybrid 450h AWD For Sale
4 Great Deals out of 75 listings starting at $35,000
2021 Lexus RX Hybrid 450h AWD For Sale
9 Great Deals out of 124 listings starting at $32,829
2020 Lexus RX Hybrid 450h AWD For Sale
3 Great Deals out of 62 listings starting at $26,800

Content submitted by Users is not endorsed by CarGurus, does not express the opinions of CarGurus, and should not be considered reviewed, screened, or approved by CarGurus. Please refer to CarGurus Terms of Use. Content will be removed if CarGurus becomes aware that it violates our policies.