How does CarGuru value differ from Edmunds or Kelly Blue Book

Asked by Guru92C63X Sep 08, 2022 at 01:20 PM about the 2011 Lexus RX Hybrid 450h AWD

Question type: General

I am trying to determine the "actual cash value" for  a Lexus 450H for an
insurance settlement. In particular, I want to be sure the last two year
increase in used car values and the impact of recent high gas prices have
been properly figured in arriving at a settlement figure. The CarGurus price
trend web page indicates the average value for my 2011 Lexus 450H is
$17,156. My offer from insurance adjuster is $12,645.

1 Answer

157,555

Mileage and overall condition of the vehicle at the time of the loss effect the actual value of your specific vehicle. In addition opinions of the vehicle condition will vary. You might think the vehicle was in excellent condition but the insurance adjuster might rate the vehicle as very good. Vehicle options and option packages play into the value of the vehicle as well. I believe most insurance companies use kbb.com for their value determinations. Ask the insurance company how they arrived at their number and give them a printed copy of your number. Don't forget about the deductible, if applicable, as well. Hope that helps! Jim

1 people found this helpful.

Your Answer:

Own this car?

Share your experience with others.

2011 Lexus RX Hybrid

Review another car

CarGurus Experts

  • #1
    Geekteach
    Reputation
    690
  • #2
    Guru558LV
    Reputation
    630
  • #2
    GuruZWCZY
    Reputation
    630
View All

Know more, shop wisely

Search

Related Models For Sale

Used Lexus RX
819 Great Deals out of 12,683 listings starting at $2,350
Used Toyota Highlander Hybrid
169 Great Deals out of 2,976 listings starting at $2,900
Used Lexus GX
224 Great Deals out of 4,314 listings starting at $3,990
Used Acura MDX
631 Great Deals out of 14,888 listings starting at $2,495
Used Lexus LX
40 Great Deals out of 1,411 listings starting at $9,800
Used BMW X5
877 Great Deals out of 15,068 listings starting at $2,200
Used Lexus LS Hybrid
40 listings starting at $4,500

Used Cars For Sale

2022 Lexus RX Hybrid 450h AWD For Sale
8 Great Deals out of 133 listings starting at $29,867
2021 Lexus RX Hybrid 450h AWD For Sale
8 Great Deals out of 69 listings starting at $31,900
2020 Lexus RX Hybrid 450h AWD For Sale
3 Great Deals out of 36 listings starting at $31,487

Content submitted by Users is not endorsed by CarGurus, does not express the opinions of CarGurus, and should not be considered reviewed, screened, or approved by CarGurus. Please refer to CarGurus Terms of Use. Content will be removed if CarGurus becomes aware that it violates our policies.