My insurance company is offering me $4900 for my totaled 1996 toyota camry LE (92k miles). When I looked up camrys in my area on various auto websites I found that similar milage cars of same year are being sold by dealers at atleast $6000. However, the retail value suggested by various "books" are as follows:
KBB = $6,375 excellent edmunds = $5,164 clean edmunds = $5,877 excellent NADA = $4,825 Average NADA = $5,675 High
It seems that the car is retailed at a higher value than one suggested by the vehicle pricing guides.
What should I do ??? Accept whatever I am being offered OR ask for more, since I will ultimately get a similar car for a higher price from a dealer. Also do they actually give u more if u can show them that the vehicle has higher retail value than ur being offered.
My insurance company is GEICO.
Plz help me. Thanks a lot
-manish