What would buyback be on a totaled 99-02 Silvy?

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02-16-2009, 08:05 PM

thunder550

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What would buyback be on a totaled 99-02 Silvy?

Anyone have any experience with this? If I was looking for a totaled 99-02 Silverado with a fully intact engine & drivetrain, how much would I expect to pay either as an insurance buyback or at an insurance auction?

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02-16-2009, 08:45 PM

L7 Sierra

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To buy a salvage vehicle it is roughly 25% of the retail value. Sometimes a bit more if the vehicle is popular enough.

But considering trucks are dropping big time in value it'll be very cheap.

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02-16-2009, 08:56 PM

viciousknid

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I had a 2007 escaped wit 16k miles that i totalled January 16th of 07. Payoff on it was like 17k and buyback was just over 3K.

so yea. 20-25% seems right