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So with GAP whats the price that is considered the car worth? For instance: KBB says my car is worth around 35k and if insurance pays 30k then GAP pays

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Old 12-22-2010, 07:00 PM   #46 (permalink)
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So with GAP whats the price that is considered the car worth? For instance: KBB says my car is worth around 35k and if insurance pays 30k then GAP pays 5k? And if this is true, who determines what the car is really worth ?
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Old 12-22-2010, 07:01 PM   #47 (permalink)
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sorry to hear and see that. it looks pretty bad i'll throw my bid in at 18,000 to 20,000. you don't won't to hear this but if it was mine i would pray for it to be totaled. imo from the looks of it just judging by the pics,i hope you find a damn good body shop..............
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Old 12-22-2010, 07:02 PM   #48 (permalink)
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So with GAP whats the price that is considered the car worth? For instance: KBB says my car is worth around 35k and if insurance pays 30k then GAP pays 5k? And if this is true, who determines what the car is really worth ?
GAP is for your loan.
Say you owe 35k on the car.
Insurance pays you 30k.
GAP gives you 5k to cover the rest of your loan.
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Old 12-22-2010, 07:02 PM   #49 (permalink)
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no ur LOAN amount...if owe 30K and the insurance gives u only 25K..gap insurance covers that 5K
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Old 12-22-2010, 07:03 PM   #50 (permalink)
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GAP is for your loan.
Say you owe 35k on the car.
Insurance pays you 30k.
GAP gives you 5k to cover the rest of your loan.


Right, and since there is a sport 370z in your area going for $26k, I don't think they will give you much more than that.
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Old 12-22-2010, 07:04 PM   #51 (permalink)
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sorry to hear and see that. it looks pretty bad i'll throw my bid in at 18,000 to 20,000. you don't won't to hear this but if it was mine i would pray for it to be totaled. imo from the looks of it just judging by the pics,i hope you find a damn good body shop..............
Bullit recommended Artcraft Collision. I checked it out and it is 2 hours away. Just wondering though why would you want the car to be totaled? Like what would you do with the money? Personally, because this is in my best interest, i dont want the car to be totaled because if there is a chance to fix it we (my parents and i) would probably fix it. If it is totaled then i doubt my parents would get me a car half the price.
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Old 12-22-2010, 07:04 PM   #52 (permalink)
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Right, and since there is a sport 370z in your area going for $26k, I don't think they will give you much more than that.
I have touring and nav though.
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Old 12-22-2010, 07:08 PM   #53 (permalink)
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Bullit recommended Artcraft Collision. I checked it out and it is 2 hours away. Just wondering though why would you want the car to be totaled? Like what would you do with the money? Personally, because this is in my best interest, i dont want the car to be totaled because if there is a chance to fix it we (my parents and i) would probably fix it. If it is totaled then i doubt my parents would get me a car half the price.
Diminished value. A car that has a wrecked history has extremely low resale value.
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Old 12-22-2010, 07:09 PM   #54 (permalink)
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I have touring and nav though.
Those are the details you may end up having to fight out. I had to argue that my camaro was an SS and not the cheaper Z28.
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Old 12-22-2010, 07:11 PM   #55 (permalink)
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Those are the details you may end up having to fight out. I had to argue that my camaro was an SS and not the cheaper Z28.
Do those insurance faggots try to cheat you out of your money like that? wow then again if i have GAP that covers any BS that the insurance plays right?
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Old 12-22-2010, 07:12 PM   #56 (permalink)
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Diminished value. A car that has a wrecked history has extremely low resale value.
I may sound really dumb for this. But i heard from a friend who wrecked his Bimmer that you can get your car repaired like to original quality and that the price doesnt drop or something. I may have misheard but do you know what i am talking about?
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Old 12-22-2010, 07:12 PM   #57 (permalink)
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I may sound really dumb for this. But i heard from a friend who wrecked his Bimmer that you can get your car repaired like to original quality and that the price doesnt drop or something. I may have misheard but do you know what i am talking about?
Your friend is a moron.
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Old 12-22-2010, 07:13 PM   #58 (permalink)
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Your friend is a moron.
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Old 12-22-2010, 07:14 PM   #59 (permalink)
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Your friend is a moron.

Well put then
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Old 12-22-2010, 07:14 PM   #60 (permalink)
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