Scott
Winchestertonfieldville,#2Consumer Comment
Wed, September 12, 2007
Well I was just trying to gain a little perspective on your issue by trying to understand why you would even think of accepting $1700 even with the diminished value figured in. Did you ever stop to think that maybe just maybe I might be in the same line of business? The insurance business, not Nationwide in case you missed that one. It is ALL a numbers game. But.... since you chose to berate me with comments that I obviously couldn't add. Good luck with that OK. P.S. TO THE PUBLIC: Pray you know the this dude and everything about the issue before trying to "help" him with it. Hasta.
Nationwide.insurance.ripoff
West Jefferson,#3Author of original report
Wed, September 12, 2007
I purchased this car for over 15K (including trade in and specials) in 2004, it is a 2004, so no not used, NEW. And the car was retailed at nearly 12K when it was hit, not 8K, I dont know where you are coming up with your math either. My car now is valued at just over 8K, because of the accident. So yes by taking their offer I am losing lots of money on this car when the accident is NOT my fault and I dont think that is fair at all. They have inconvienced me from day 1 on this deal and if you would care to do a little more math Scott, 4 months makes over 120 days of inconvience to me and money lost to me for an accident that was not at all my fault. Need anymore help with the math?
Scott
Winchestertonfieldville,#4Consumer Comment
Tue, September 11, 2007
Maybe it's just me but your math just doesn't fly. You claim to be taking at least a $1300 hit on a car that you will accept $1700 for. Now on the high end, which is what I'm estimating (and I'm giving you complete benefit of the doubt), That would make the car, acceptably, worth $5000. Yet it's only a 3 year old car that according to you, everything was working fine until your accident. I can only assume you bought it used just due to todays economics, with depriciation (which by the way you WONT get from any insurance company) you paid what? $8000 for it? The reason I say this is that I know of no new cars on sale for under $10000, small or not. I'm not leaning on you but am struggling like hell to understand why you you would accept $1700 for a car that's 3 yrs. old, damaged or not. The good thing is in this situation is that Nationwide will guarantee the used parts for as long as you own your vehicle. Had they used OE or Original Equipment, thos parts would only be guaranteed for 90 days. Nothing wrong with used parts. Used and damaged parts is a whole different story. More details about value of the car before the accident might help me on this one.