Q How is the market value of my car determined?
AYou are entitled to recover the "fair market value" or "actual cash value" your vehicle had immediately before the accident. The Kelley Blue Book is commonly used to estimate fair market value. Local newspapers or the Auto Trader may list the for-sale prices of cars of the same make, model, and year as yours. Especially if there is a major dispute about the value of your vehicle, an expert vehicle appraiser is used to help prove the value.