ICBC Write-Off

[f.]

I got my 2001 VW Jetta GLS written off last week, after I crashed into a barrier in Stanley Park. They have thrown me out an offer for the car, I think it's fair, so I said it was fine, comes out to around $6,000 after the deductible that I have to pay. My concern is that I've put some money into changing some mechanical things in the car.

Has anyone else had previous experience increasing their claim amount? What kind of things can be used to increase the value? With receipts from how long ago? Any help would be much appreciated

[Nanaki]

Originally Posted by f.

I crashed into a barrier in Stanley Park

WUT

[invader]

Da fuq

[Bahhbeehhaaaa]

how.?

back on topic - pretty sure car mods do not affect vehicles value..

[XplicitLuder]

hand them receipts for whatever you have that you have fixed. Also look for other Jetta GLS's on CL with around the same condition/milage of your car and if the price of those cars are higher then the one they gave you, you can maybe say "look these cars are going for around 8k (example) and you offered me 6k and i would like to meet you in the middle and get 7k " thats what i did when i lost my prelude

ps : if the things you have added are aftermarket things that didnt need to be there in the first place, they dont really care about it lol but if it was osmething that you needed to replace then tell em

[iam_dan]

Did you already sign the papers?

[Lomac]

If you've already signed the papers, you're SOL. If you're wanting more money because of basic maintenance, you have a bit of leeway... provided you have the receipts and they are recent. Like, a week old recent.

I had a car burn down a couple years ago and I had installed brand new tires on the car literally the day before. I also had a stack of papers probably an inch thick of receipts showing what I had done, and when they were completed. For the most part, they didn't really care about repairs as they should be done regardless and typically aren't taken into consideration when they're doing the estimate. However, because my tires were genuinely brand new and had less than 50km on them at the time, they tacked on an extra $900 on top of the (surprisingly) already generous buyout to cover the cost of what I bought the tires for.

So... there are options, but they're very limited and time restricted.

[mqin]

^ exactly

My friend and I both have had our cars written off, ICBC will not care about anything that's aftermarket/not supposed to be there. and the only thing my friend and I were able to get more money out of were the high performance tires which had 95%+ tread left.

Maintenance, and repairs are not taken into consideration for the write off amount since they see that it should be done regardless. What they do to generate you a quote is by looking at the local used vehicle market for vehicles as closely to yours as possible in terms of mileage, year, and condition and base their quote from the prices that are marked on those vehicles.

If you have gone in and signed the release form, then it is too late. You have already sold your scrapped vehicle to ICBC, however if you haven't done so, then your best bet is to do your own research, and prepare your own quote to negotiate with ICBC, however be warned that you need to provide them with the proper sources of your information that was used in generating your own price for the vehicle. So take note of where you're finding your prices and examples from.

Good luck!

[melloman]

Like said by the 2 above..

If you signed papers already, your fucked and the deals done. ICBC will not talk to you anymore.

[yoursyumiko]

You think the offer is fair, and then you want to increase the amount?

I am lost

[Benz_05TSX]

^ They always want more out of the deal.....

[Volvo-brickster]

Originally Posted by Nanaki

WUT

He was probably stoned.