XK / XKR ( X150 ) 2006 - 2014

And the insurance offer on my stolen XKR is....

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Old Jan 17, 2022 | 12:33 PM
  #21  
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Are you getting another XKR?
 
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Old Jan 17, 2022 | 06:40 PM
  #22  
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I checked the Carmax value on my 2013 about a week ago and they offered $30,200 sight unseen. So Geico's offer is not a bad starting point.
 
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Old Jan 20, 2022 | 08:34 AM
  #23  
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I paid 21.9k for my 11xkr with 55k miles last sep.
Be tickled pink if I got 28k for it.
 
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Old Jan 20, 2022 | 09:21 AM
  #24  
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There is no compensation for emotional attachment and the feeling of being ripped off.
Sorry for your loss.
However, the offer looks like a great advertisement for GEICO to me!
Start a new relationship with a newer model.
How about a new F-Type?
 
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Old Jan 20, 2022 | 08:44 PM
  #25  
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I’ll check with my friend who’s an owner of a state farm agency about the true figures the insurance companies should pay…. Plus they should also pay the increased value during the pandemic car shortages and they should pay for the condition of the vehicle(provide service records and pictures to prove it).

Their offer is for a car in FAIR condition in 85% of the offers! At least go for very good or excellent condition value and go beyond your market for values if it’s not high enough… because it’s a “rare car”….

Squeeze as much $$$ out of them as you can because they’re save as much as they can for the company!!!!!

Just got this feedback! ***the price is actually really really good based the prices at the auction and cars sold with that high mileage (the average miles for a 2010 XKR at the Manheim auction is 51k miles over the last 6 months)..
 

Last edited by The_Ikon; Jan 20, 2022 at 08:51 PM.
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Old Jan 21, 2022 | 11:17 AM
  #26  
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I battle with insurance companies every time someone bumps one of my vehicles. It's always a frustrating experience that leaves me unsatisfied, but I have always been able to talk them up at least a little bit. You really don't stand to lose anything by trying to negotiate the price. That being said, I'm surprised that you were offered that much, and I'd be inclined to accept it.

Rant: It seems like a serious conflict of interest when the entity responsible for making payment on your interests gets to decide for you what that payment is going to be. In my state, there is little, if any, recourse for a lowball offer from your insurance company.
 
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