Value of dealer installed traction battery

Discussion in 'Gen 2 Prius Main Forum' started by JBuckPrius, Aug 14, 2020.

  1. JBuckPrius

    JBuckPrius Junior Member

    Joined:
    Jun 6, 2009
    39
    9
    0
    Location:
    Knoxville, TN
    Vehicle:
    2006 Prius
    Model:
    N/A
    A rollover totaled our 2006 Prius, which had 150,000 miles on it. Progressive Insurance is going to give us $4353 as the settlement value after our $250 deductable. But, we replaced the traction battery at the dealership in 2016.

    What do you think I should ask Progressive for as an adjustment?

    A 3 year old battery must be worth more than the original...right?

    Has anyone else had a similar situation?

    Pixel 3a ?
     
  2. TMR-JWAP

    TMR-JWAP Senior Member

    Joined:
    Aug 12, 2016
    3,748
    4,213
    0
    Location:
    Columbia, SC
    Vehicle:
    2007 Prius
    Model:
    Touring
    At 3 years old, they probably won't consider it. If you're a diyer, offer to buy the car back from the ins company. They'll probably want around 4-500, which they will take off your settlement payment. Sell off the major items like the cat, batteries, abs module and anything else that's a quick hitter, etc then scrap the car. I guess it depends on if you have spare room and the time to invest..
     
  3. PriusCamper

    PriusCamper Senior Member

    Joined:
    Mar 3, 2012
    5,189
    2,087
    0
    Location:
    Pacific Northwest, USA
    Vehicle:
    2007 Prius
    Model:
    Two
    Wrecking yards sometimes only sell these packs for $50 sometimes because they aren't something you can resell from the perspective of uneducated bureaucrats and paper pushers. So if I were you I'd keep quiet about how new the battery and just say you want to keep the car's battery and accept an adjustment no higher than $300...
     
  4. egg_salad

    egg_salad Active Member

    Joined:
    Oct 27, 2015
    542
    417
    18
    Location:
    Las Vegas, NV
    Vehicle:
    2008 Prius
    Model:
    Base
    In the eyes of the insurance company, it's a 4-year-old part that came with a 3-year warranty, so it's worth zero.

    *IF* you want to buy the car back and take it out yourself for resale, well, a new pack at the dealer is under two grand, so a used one might be worth a grand on the open market. Is it worth your time and trouble? Only you can decide.
     
  5. bisco

    bisco cookie crumbler

    Joined:
    May 11, 2005
    90,846
    40,816
    0
    Location:
    boston
    Vehicle:
    2012 Prius Plug-in
    Model:
    Plug-in Base
    how many miles on the battery? any way to swap it out with a dead one?
     
Loading...