When my CX7 the had the speed3 motor in it got totaled, I only owed $16k on it. They paid the loan off plus cut me a check for just over $5k. They said it was worth like $21.8 or something. Funny thing is it was titled as a Grand touring, but it was only a touring. I knew when I was getting it what it was and what it was titled at so that was my angle at the dealership when I was bargining with them. They insisted it was GT but then I whipped out the trusty smart phone and showed the salesman what a GT comes with and he went and got me a lower price on it. I only paid $19.5k when I got and drove it for a year. But when it came to the Insurance company I didnt argue or point out that it was just a touring not a GT.
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