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Old 06-16-2008, 03:45 PM   #60
starscream
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Join Date: Aug 2002
Location: Buffalo, NY
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Re: Yet another mach 1 is gone...

Quote:
Originally Posted by Fastbandit99 View Post
Kelly Blue book is not an accurate method of vehicle valuation. GEICO used CCC pathways to determine the actual cash value. Do your homework and find as many comparable for sale adds that you can find within about 100 miles from your address also check the NADA retail value on nada.com. The CCC may come out fair or the clerks at CCC may have GT's mixed in the comparable data base and this could lower the valuation.

Good luck
This is the best advice to follow. Find comparables. I totalled a 2000 GT and had Geico, and what they wanted to give me was $2000 lower than local comparables. Basically they have to give you enough money so that you could walk to any dealer and get a replacement Mach, same year and mileage. With wax included! I fought with them over my lowball offer, they didn't want to pay at first, but one call to the Attorney General's office fixed that. Took a little longer to get my check but it was worth it in the end.
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