- #4019 of 4415
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Also remember that
by marsha7
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Aug 25, 2008 (7:36 am)
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KBB, NADA, and others are all approximate pricing, and that really depends on local markets...we are simply lucky that our used vehicles have any value at all, because if it was used jewelry, stereos, computers, or furniture, they are rarely worth more than 10-25 cents on the dollar 6 months after you buy them...
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- #4020 of 4415
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Car premium increase
by hilversum
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Aug 25, 2008 (1:57 pm)
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Why would your car insurance increase when you remove one car from 3 cars covered on your policy ?
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- #4021 of 4415
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Re: Car premium increase [hilversum]
by tidester HOST
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Aug 25, 2008 (2:21 pm)
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Replying to: hilversum (Aug 25, 2008 1:57 pm)
It may depend on who's driving those cars and their relative values. For example, if you had a teenager driving a clunker that you've gotten rid of and he/she is now driving your Bentley you might expect your premiums to rise. Or it could just be a coincidence that the premiums went up at the same time you removed one car.
tidester, host
SUVs and Smart Shopper
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- #4022 of 4415
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Re: Car premium increase [hilversum]
by houdini1
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Aug 25, 2008 (4:26 pm)
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Replying to: hilversum (Aug 25, 2008 1:57 pm)
Give us a little more info please and maybe we can help. Have you asked your agent?
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- #4023 of 4415
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Re: Car premium increase [hilversum]
by euphonium
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Aug 25, 2008 (7:36 pm)
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Replying to: hilversum (Aug 25, 2008 1:57 pm)
You got rid of the 3rd car that was driven by a youth who's grades dropped causing you to take away his driving privilege. That youth is now rated on one of the other two cars as an infrequent driver without a good student discount. Kids Cost. 
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- #4024 of 4415
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Re: No payment for lost warranty coverage on insurance claim [Mr_Shiftright]
by chuckie68
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Aug 28, 2008 (4:53 am)
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Replying to: Mr_Shiftright (Aug 25, 2008 7:00 am)
If they offered you KBB pricing or very close to it, I'd take it. You can't do much better than that.
But Used car pricing does not include the LifeTime warranty which is NON-Transferable. So any used car pricing guides would not have this factored in. I found that I can purchase an lifetime extended warranty for $4K, would it be reasonable for them to include that in the settlement?
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- #4025 of 4415
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Re: No payment for lost warranty coverage on insurance claim [chuckie68]
by Mr_Shiftright HOST
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Aug 28, 2008 (6:13 am)
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Replying to: chuckie68 (Aug 28, 2008 4:53 am)
But you didn't pay anything extra for the lifetime warranty. How can you suffer a loss on something you did not pay for? And besides, you knew the warranty was not transferable when you bought the car---which is why a lot of people around here didn't bite on it. From my point of view it was little more than a marketing ploy.
I'm just not seeing the solid grounds for your argument here, although I do wish of course that you get a fair and just settlement.
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- #4026 of 4415
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Re: No payment for lost warranty coverage on insurance claim [chuckie68]
by mitzij
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Aug 28, 2008 (6:40 am)
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Replying to: chuckie68 (Aug 28, 2008 4:53 am)
Is your $4000 'lifetime extended warranty' the same thing as Chrysler's 'lifetime limited powertrain warranty'?
I'm willing to bet 'no'. Two different sets of coverages, with different rules.
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- #4027 of 4415
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Re: No payment for lost warranty coverage on insurance claim [Mr_Shiftright]
by chuckie68
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Aug 28, 2008 (6:53 am)
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Replying to: Mr_Shiftright (Aug 28, 2008 6:13 am)
Isn't that like saying I didn't pay anything extra for the tires? If, for some reason you couldn't buy a car with tires, and therefore you would have to purchase the tires after buying a car, wouldn't that be a loss?
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- #4028 of 4415
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Re: No payment for lost warranty coverage on insurance claim [chuckie68]
by Mr_Shiftright HOST
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Aug 28, 2008 (7:15 am)
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Replying to: chuckie68 (Aug 28, 2008 6:53 am)
That's right. You didn't pay extra for the tires, and so you can't claim anything extra for them, unless you added value to the tires. You haven't added value to the warranty, it was included with the car. You have suffered no loss in my opinion, because the car and the Lifetime warranty went together. You lose the car (or sell it) and you lose the Lifetime drivetrain warranty. That was the contract.
I mean you could pitch this claim, this is your right, but I'm on the insurance company's side on this one. (which is rare, but it happens  )
Besides, you could still buy a used 300C with remaining factory warranty, just not the Lifetime Warranty. You'd still get the remainder of 3 yr/36 mo.
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