View Here : What Is The Value Of My Car
The market value range is from. The vehicle value range is an estimate and individual vehicle pricing can fall outside the range displayed based on the specifics of that vehicle including options and conditions. The range does not reflect an offer and is not bound by the terms and conditions of the AutoNation Certified Offer.
To apply that to a real world example, let’s say that the insurance company determines that your car was worth $10,000 on the day of the accident. Applying the “80% Rule”, the insurance company will look to see if the cost of repairs will be more or less than $8,000 (which is 80% of $10,000).