2nd Gen Non-Engine/Transmission testing the waters

[IRNGOAT]

The truck in my sig. has been totaled in a collision,and the ins. just does not want to get right with the settlement . I'm thinking of keepng it for resale or parting it out myself . 50,000 mi on th dtt trans ,and about 30,000 on a blue chip pump 127,000 on the truck an input from the crowd . I cant seem to post a pic. but can e-mail one.

 

[Joe Mc]

Sorry for your loss. :{

Not sure what the ins co is offering but:

NADA puts it at $10,725. Don't pay attention to the "V-8" in the title of the link, there's a button I clicked for SO Turbo Diesel on a previous page.

Used Car Value - Dodge Ram 2500 Pickup-3/4 Ton-V8 Quad Cab SLT

And,

KBB puts it at $10,640.

2001 Dodge Ram 2500 Pickup - Private Party Pricing Report - Kelley Blue Book


No offense intended - I'm sure it was worth more than listed in above.

Now, you can continue to try to squeeze more out of the insurance co to try and get a better down payment on something else, and then see how much they want to sell it to you for - don't forget to make sure you get the difference in a check. The truck once sold to you obviously will have to be titled "salvage" so maybe you can find a good body to swap all your goodies into. . .

 

[GAmes]

My daughter once totaled out my wifes car and our insurance company low balled me. I turned them down and demanded a replacement in the same condition in lieu of a check. A few days later they offered me what I thought the car was worth. Might be worth a try.

 

[Missouri Mule]

Check out state laws in Florida replacement value is the law.



My Dad also told a insurance company to put a 69 Opel kadet or comaprable car into the driveway because they well offering to little the insurance co. (not ours) came up with the extra money. The insurance co. could not put a car in our dirveway for the amount they offered. (This was in Kansas many years ago).

 

[HBarlow]

Insurance companies, as least the larger reputable ones, don't simply allow an adjuster to make up a random number to try to beat the insured out of the value of his car or truck. The adjuster goes to whatever price guide the company uses, plugs in the odometer reading, and his experienced opinion of condition before the damage, and a number pops out. There is not much room normally for negotiation and the amount the insured paid for the car or truck and the amount, if any, he or she owes means nothing to the appraiser. They don't assign added value for DTT transmissions, fancy wheels and tires, or other expensive additions or improvements. The actual value is often a harsh reality to the insured.

IIRC, the adjuster will contact regional or local salvage yards for bids on the wreck if a total. Whatever the salvage yard bids is the price the insurance company will take for the insured to buy it back.