01-12-2015, 07:39 PM
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CC Member
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Join Date: Aug 2007
Location: Carlsbad,
Ca
Cobra Make, Engine: SPF 2932 with 438 Lykins Motorsports engine. Previous owner of FFR 5452.
Posts: 2,617
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Not Ranked
Quote:
Originally Posted by Tim7139
AS have I, including, at one time 3 sports/collector cars and 3 cycles. When it comes to certain large displacement specialty cars, all that means zero, and if there is a total loss there is ZERO stated value. Special carriers simply do a better job on these cars.
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Your car is only worth what it is worth at the time of the accident. No more, no less. If my cobra is totaled, it will be valued at whatever similar cars have been sold for in recent sales. State Farm would survey similar sales and then submit a bid to me. If I don't agree with their valuation, all I need to do is provide additional evidence to support my valuation.
Seems fair to me.
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Jim
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