Quote:
Originally Posted by bavarianride
Also, insurance usually goes with trade(e.g. picks comparable trade sales from dealers), so that can drop appraised value to $13k(e.g.) dependent on mileage and conditions.
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Insurance is OBLIGATED to pay full retail market value plus sales tax and related governmental fees. The OP could pretty easily make the case that his very low mileage, Luxury line 328i xDrive has a retail value somewhere between $18k - $20k.