Hail damage! What is market value of my MV if insurance totals?

[bcolins]

I got caught in a fairly significant hail storm last Thursday night in my 2003 MV. Mostly marble to a few ping pong sized hail stones. I would call it light to moderate hail damage. I am concerned that the insurance company may total my MV, so I want to get some idea of what fair market value is.

My van has 104,200 miles on it the body is very clean paint is excellent for its age, everything works as it should. The transmission is solid. Air conditioning is ice cold, alternator is new, power steering pump is new, all fluids have just been flushed Including brake fluid And transmission with new filter. Tires are new Falken all terrain Trail with less than 1000 miles on them. New motor and transmission mounts. New serpentine belt and idler bearing/tensioner. Recent Bluetooth conversion to factory radio. New LED high and low beam headlights . All upholstery is excellent headliner is in very good excellent condition carpeting is excellent just needing a light shampooing. All Lynn it is in impressively clean van inside and out and it runs flawlessly.

[74 Thing]

They will pull comps in your area. Be ready to go back and forth.

[Abscate]

Shinola, you have been loving that one a lot lately.

25-30k for a no rusty one.

The mechanical and maintenance items don’t really matter, it’s hard to imagine repairs will approach the “ total “ value of roughly 75% FMV

Good luck, Brian. Let me know if I can snag any parts from the graveyard.
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.ssS!

[bcolins]

[Abscate]

I'd swag it at 10-15k. Still hard to imagine it would total
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.ssS!

[bcolins]

[smores]

[Abscate]

That’s insulting.

It’s a scientific wild ass guess.
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.ssS!

[volkybus]

These dents add character to your van , Take what they give you and go on vacation.If they total it they will sell it back to you cheaper.but...Its never worth more than half of appraisal next time something happens and it's totaled on the carfax report FOREVER.Which only matters if you sell it.Good luck either way Bill in PR (93 Ev) num 15 vw van for me

[bcolins]

I’m not planning on fixing it but if they tell me the Van is only worth $5000 and they’re going to give $1500 for hail damage,.....I just want to be prepared with real world valuation numbers so I can argue with the adjuster if need be, and past experience shows me that there’s always a need to argue with the adjuster

[Abscate]

Clean retail from NADA is $7000 with 106k

I doubt there is good basis for that number given the small number of data.

There isnt a single T4b (our generation) under 12,000 on cars.com in the US

You should be good up to $7000 or so in repairs.
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.ssS!

[bcolins]

[samba415]

How committed are you to keeping it and driving it? Is now the time to walk away and collect some money? Or, if your prepared to fight for it…

Try to get the insurance company up in value…then find a top flight body shop.

After they total it… (If they total it)… ask what the cost is to buy it back from them after they total it. Nuts right? Let them cut you a check…then you buy your van back from them and fix whatever you want (hail “patina” or not). The downside is your van has a salvage or rebuilt title (depending on your state) which obviously impacts your resale later, but if your driving and enjoying…so what. Your adjusters and agents are instructed to be robots. Zero nuance.

The “damage” is neither structural or mechanical, and it appears by your activity here you’ve invested significant time, energy and money in it…why not get the insurance company to pay you to keep it?
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Old stable: '63 Baja, '69 Square, '72 Bug, '65 & '67 Samba, '73 412 wagon & 2dr 4spd

Current: '04 Golf TDI, '03 Weekender

[bcolins]

[Abscate]

I have not yet made the graveyard trip but will do in may
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.ssS!

[bcolins]

[Whridlsoncestood]

Any pictures of how bad this looks?
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2001 EV MV

[bcolins]

[Whridlsoncestood]

Sucks. Do you plan to have the body work done or just try to get a check from the insurance company and use the money on other van upgrades instead of cosmetics?
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2001 EV MV

[bcolins]