View Single Post
Old 03-16-2017, 03:32 AM   #2
Tillerz
I don't get it
 
Join Date: Sep 2007
Location: vancouver
Posts: 431
Thanked 65 Times in 21 Posts
Failed 4 Times in 2 Posts
what kind of car is it?

if ICBC authorized up to $6000, that does not mean that is how much the damage will cost.

$6000 authorization comes from:

value they will offer you for your car - salvage value of vehicle = $6000

so lets assume salvage (what icbc assumes they can sell your car for) on your car is $1000, they will offer you $7000

if the damage is anything over $6000 it is cheaper for them to pay you out and sell your car to a wrecker. if it is under $6000 then it is cheaper for them to fix.

you can always ask if they will lower their offer, but why?! a car worth around the 7-9k mark wont be affected much by a claim on the used car market these days

best case scenario is to get the shop to take it apart, find any hidden damages and hope that they exceed $6000 so it will be a write off.
Tillerz is offline   Reply With Quote