View Single Post
  #32  
Old 02-01-2013, 04:34 PM
tturedraider's Avatar
tturedraider tturedraider is offline
Freedom isn't free!!
Location: Chicago, north shore (via Tennessee & Texas)
 
Join Date: Nov 2005
Posts: 14,301
Mein Auto: '06 Sonora/Beige 330i :-)
Quote:
Originally Posted by SARAFIL View Post
How do you figure?

The only thing he should be paid is "actual cash value"... what amount that represents is up for debate, but it's not going to be MSRP once he drives the car off the lot. In particular, it's last year's model since a "new" car right now is a 2013.

Value will be based on what the selling prices are for similar cars in the market, but that won't be MSRP. Insurance company can search listings within a given radius of the OP (either used cars with similar mileage, or leftover 2012s) and see what the dealers would sell them the car for.
Because the car was virtually brand new. I'm not going to argue this here. Been there, done that. If you want to read more search my posts. I can assure you I'm not talking out of my butt.
__________________
"People sleep peaceably in their beds at night only because rough men stand ready to do violence on their behalf." -- Geo. Orwell

Keep Right, Except to Pass

Than & Then usage - "It was hotter than hades (comparison). Then later on (time) it got cool."

2006 330i Sonora w/ ActiveAutoWerke flash tune - I like it!
2004 330i ZHP Imola/NB - missed
2000 328i TiAg - gone but not forgotten

BMW CCA member #388003 - www.bmwcca.org Use me as a referral, you could win a one day ///M Driving School!

Last edited by tturedraider; 02-20-2013 at 01:31 PM.
Reply With Quote