Posts Tagged ‘title’

deduction for rebuilt title

My car a 94 cadillac was recently totaled while parked in driveway ! Vehicle has a rebuilt title history and Progressive is trying to deduct for that heavily ! My vehicle was in pristine shape and they did agree, I also recently (within past 3 months spent $2,600 on vehicle in new tires, a.c. compressor, power steering pump, and a few other repairs to bring vehicle to top condition as I was looking to enjoy many years to come from this vehicle ! They did not even want to look at repair reciepts claming that was regular maintenance and did not affect acv ! The only way they came up with their offer price was to call 3 local Cadillac dealers and ask them what they would give for the vehicle due to a rebuilt title ! Since their is no “real” way to come up with value ! All the research I see says deduction can vary anywhere from 0 to 60 % acv. They are hitting me with full 60 %, what can I do to better value this great vehicle ?

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