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Title: Total loss... Post by: Le Piou on October 23, 2008, 09:08:47 AM My insurance Representative:
"Based on the comparables located, typical mileage for a 2007 Ducati Monster S2R1000 would be 5,520. The mileage on your bike is 17,645. There was a reduction based on the higher than typical miles. At typical mileage, the market value would be 8,871. There was a deduction of $1,575 (due to the mileage) resulting in the market value of $7296. "... Guys, could you PLEASE ride a little more... I just lost $1600 because YOU don't ride enough!!!! [bang] ;) Title: Re: Total loss... Post by: mostrobelle on October 23, 2008, 10:38:33 AM But Starbucks is just around the corner.
Title: Re: Total loss... Post by: ROBsS4R on October 23, 2008, 11:22:16 AM Bah That means the mileage on my bike I would owe the company Money :-\ Title: Re: Total loss... Post by: Popeye the Sailor on October 23, 2008, 11:28:57 AM Bah That means the mileage on my bike I would owe the company Money :-\ Welcome to the club. Title: Re: Total loss... Post by: remy on October 23, 2008, 03:43:32 PM 20,000 miles is typical for a '07, right? Or am I a little higher than average?
Damn, that sucks. I hope you can argue that one. Title: Re: Total loss... Post by: Popeye the Sailor on October 23, 2008, 05:38:29 PM I got 30k on a bike bought with no miles in '06 It's an '04 though, so not the faintest how it'd work out.
Title: Re: Total loss... Post by: johnc on October 23, 2008, 05:54:11 PM just advise your insurance adjustor that you made an honest mistake, and quoted them the mileage in kilometers.
17,645 km = approx. 10,964 miles your still above average mileage ... but only by 1.98 times, rather than 3.19 times ;D My insurance Representative: "Based on the comparables located, typical mileage for a 2007 Ducati Monster S2R1000 would be 5,520. The mileage on your bike is 17,645. There was a reduction based on the higher than typical miles. At typical mileage, the market value would be 8,871. There was a deduction of $1,575 (due to the mileage) resulting in the market value of $7296. "... Guys, could you PLEASE ride a little more... I just lost $1600 because YOU don't ride enough!!!! [bang] ;) |