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Total loss...

Started by Le Piou, October 23, 2008, 10:08:47 AM

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Le Piou

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]


;)
2004 998S Final Edition "Venus" (07/2009-current)
2007 1000 S2R "Lilith" (03/2007-09/2008 -RIP-)
1999 750 Monster "Eve" (02/2000-07/2003)

mostrobelle

But Starbucks is just around the corner.
94,500 miles...05/22/15

ROBsS4R


Bah

That means the mileage on my bike I would owe the company Money  :-\
SOLD 03 - Ducati Monster Dark M620

05 - Ducati Monster Blue/white S4R

My Photo Site http://secondnature.smugmug.com/


Popeye the Sailor

Quote from: ROBsS4R on October 23, 2008, 12:22:16 PM
Bah

That means the mileage on my bike I would owe the company Money  :-\

Welcome to the club.
If the state had not cut funding for the mental institutions, this project could never have happened.

remy

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.

Popeye the Sailor

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.

If the state had not cut funding for the mental institutions, this project could never have happened.

johnc

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

Quote from: Le Piou on October 23, 2008, 10:08:47 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]


;)