UPDATE.
So the big day was today. USAA called, and the valuation on my vehicle, a November 2017 build Model X100D with 5,400 miles on it came to - wait for it, $110,659.00 including tax.
The cost of the vehicle brand new was $128,870, to include referral discount, sales tax, license and registration.
The sum above was more than enough to pay me out of my current USBank loan with almost $10,000 left over to put towards a downpayment on a new X100D. I must hasten to add that I did put down a rather substantial downpayment so I'm still out also about $10,000, plus license and registration. That's money I'll never get back.
A few years ago, USAA shifted their market valuations for totaled vehicles from in house to an independent outfit called CCC One. I did google CCC One, and the several reports I read online were not promising. Several individuals had complained that CCC One had undervalued their vehicles by as much as 30%, and these much reduced valuations would then be presented by USAA to their hapless customers.
In carefully perusing the thirteen pages of CCC One's Market Valuation Report, I can confidently say that they did mostly right by me, even getting the trim level and various and typically confusing Tesla option packages completely right. My only quibble was that they rated the condition of my vehicle as "Average." Owner prejudice aside, I'd declare that the condition of our totaled vehicle was "Pristine."
They had also used six vehicles as comparable with mileages ranging from 1,498 miles to 6,325 miles, and ranging in price from $107,500 to $110,000. All comparables were taken from dealerships all over the great state of Texas, since apparently none were to had right here in California.
So, US Bank has just been paid, a Power Of Attorney form is being sent to me which, upon my returning it, will relinquish my ownership of the vehicle to USAA. The last step will be a direct deposit to my account of any remaining funds after the loan payout.
From the date of the accident to claim resolution over the phone, 40 days. Just like forty days of Lent, forty days of Jesus wandering in the desert, and forty days of rain during the Great Flood in the Bible, at least according to Genesis.
So the big day was today. USAA called, and the valuation on my vehicle, a November 2017 build Model X100D with 5,400 miles on it came to - wait for it, $110,659.00 including tax.
The cost of the vehicle brand new was $128,870, to include referral discount, sales tax, license and registration.
The sum above was more than enough to pay me out of my current USBank loan with almost $10,000 left over to put towards a downpayment on a new X100D. I must hasten to add that I did put down a rather substantial downpayment so I'm still out also about $10,000, plus license and registration. That's money I'll never get back.
A few years ago, USAA shifted their market valuations for totaled vehicles from in house to an independent outfit called CCC One. I did google CCC One, and the several reports I read online were not promising. Several individuals had complained that CCC One had undervalued their vehicles by as much as 30%, and these much reduced valuations would then be presented by USAA to their hapless customers.
In carefully perusing the thirteen pages of CCC One's Market Valuation Report, I can confidently say that they did mostly right by me, even getting the trim level and various and typically confusing Tesla option packages completely right. My only quibble was that they rated the condition of my vehicle as "Average." Owner prejudice aside, I'd declare that the condition of our totaled vehicle was "Pristine."
They had also used six vehicles as comparable with mileages ranging from 1,498 miles to 6,325 miles, and ranging in price from $107,500 to $110,000. All comparables were taken from dealerships all over the great state of Texas, since apparently none were to had right here in California.
So, US Bank has just been paid, a Power Of Attorney form is being sent to me which, upon my returning it, will relinquish my ownership of the vehicle to USAA. The last step will be a direct deposit to my account of any remaining funds after the loan payout.
From the date of the accident to claim resolution over the phone, 40 days. Just like forty days of Lent, forty days of Jesus wandering in the desert, and forty days of rain during the Great Flood in the Bible, at least according to Genesis.
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