QuestionI currently live in Nebraska. I was driving a 1998 volkswagen golf gti vr6. I was rear ended and hit a suv in front of me. Insurance company is stating it is a total loss because it was $4000 in dmage. It only has 110,000. It has a previosly salvaged title. They offered me 3627 for the car and deducted 1000 for the title, anotherr 560 for the rust, the clear coat and the interior. And then told me if I wanted to buy it back it would cost me another 500. Can you help me on this. thanks.
AnswerHello,
I am not sure as to how I can help you. Salvage title brings value down, up to 40% compared to a clear title. There is not much you can do on negotiation. Their deduction for rust goes to the overall value of the vehicle and it sounds like the interior is rough too.
You are not going to get more money. People rarely make out in car accidents. Yeah I know, the rust damage is worse.
People don't understand, when the car is branded, you can't negotiate with any of the calculations.
You state only 110,000 miles. Those are hard miles with extreme temperatures and road salt that rots any aluminum on the engine, everything on the suspension has to be removed with a torch. I know. I am from Wisconsin. 110,000 miles there means it's pretty used up.
I am now in Texas where 300,000 miles is common and because they use no road salt, there is no rust.
As I said, I don't know how I could help you with the salvage on the title. They could have deducted more.
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