my 2004 oldsmobile alero gls 2dr coupe was rea ended and the insurance company for the guy who hit me dclared my car totalled. it was in very good condition with only 52,000 miles on it. how much would it be worth and what shoul i accept.

melisamarie33
0

Asked by melisamarie33 Jan 07, 2013 at 08:01 AM about the 2004 Oldsmobile Alero GLS Coupe

Question type: Shopping & Pricing

excellent condition, regular maintinance, low mileage. maroon in color,leather interior

1 Answer

300SDLGUY
565

An insurance company will always try to settle for the least possible dollar amount, they are in business to make money. That being said, you'll most likely have to haggle with them just like when buying and/or selling a car, to ensure you get the best deal for YOU (not them), and the phrase to use is: "YOU ARE TO MADE ME WHOLE WITH THE SETTLEMENT" , meaning the settlement puts you in the exact financial position (vehicle position) as you would were in prior to the accident. You need to do YOUR research to argue your point of value. Search autotrader, cargurus, ebay, craigslist etc etc. search for low mileage, similarly equipped vehicles like yours, sometimes hard to find the exact color so be somewhat flexible, and see what they are asking for them. If you have all your records of maintenance, make copies of them, that increases the value of ANY car to a prospective buyer, regardless what they might say. Also, the insurance company will try and offer you "trade-in value" OR LESS. Simply tell them it's NOT acceptable as you, as you weren't trading it in, so you are to get RETAIL price, especially since you have to pay retail for a replacement car so you MUST get retail for your vehicle! Also, you can offer to allow them to find a 2004 Alero GLS with 52,000 miles OR LESS, with the same equipment or MORE, with FULL records in helping making you whole again.

Your Answer

Add photo

Related Questions

Search Oldsmobile Alero Questions

Oldsmobile Alero Experts

#1 sun4shine2006
sun4shine2006
Reputation 200
#2 Larry Thibert
Larry Thibert
Reputation 120
#3 tenspeed
tenspeed
Reputation 110
View All

Related Models For Sale

Used Chevrolet Impala"
1,904 Great Deals out of 58,020 listings starting at $990
Used Pontiac Grand Am"
69 Great Deals out of 2,460 listings starting at $1,200
Used Oldsmobile Aurora"
244 listings starting at $2,500
Used Nissan Altima"
1,847 Great Deals out of 78,628 listings starting at $1,495
Used Chevrolet Malibu"
1,840 Great Deals out of 71,776 listings starting at $855
Used Ford Escape"
1,519 Great Deals out of 58,022 listings starting at $1,400
Used Honda Accord"
1,446 Great Deals out of 64,227 listings starting at $1,089.41
Used Pontiac Grand Prix"
184 Great Deals out of 5,201 listings starting at $990
Used Nissan Maxima"
690 Great Deals out of 19,528 listings starting at $1,499
Used Ford Focus"
1,981 Great Deals out of 62,716 listings starting at $1,400
Used Toyota Camry"
1,922 Great Deals out of 69,876 listings starting at $1,395
Used GMC Savana"
10 Great Deals out of 1,089 listings starting at $4,650