Texas · GEICO · 2022 Tesla Model S Plaid
How a Texas 2022 Tesla Model S Plaid valuation changed by $21,850
A Texas driver received an initial GEICO total-loss valuation of $72,400 for a 2022 Tesla Model S Plaid. After the vehicle, valuation inputs, and market evidence were reviewed, the documented result amount was $94,250—a difference of $21,850.
Case summary
- State
- Texas
- Insurer
- GEICO
- Vehicle
- 2022 Tesla Model S Plaid
- Insurer's initial valuation
- $72,400
- Documented result amount
- $94,250
- Difference
- +$21,850
What required a closer review
The existing case description says the Plaid was valued more like a Model S Long Range.
How the valuation was examined
Describe how AutoACV confirmed the Plaid variant and reviewed comparable Plaid inventory from the relevant time period. Be careful with Tesla pricing changes: use only listings and evidence contemporaneous with the effective valuation date.
The documented result
The insurer's initial figure was $72,400. The verified result amount was $94,250, producing a $21,850 difference.
What this case illustrates
Rapidly changing vehicle markets make the effective date especially important. Current pricing cannot simply be projected backward onto an earlier loss date.
Disclosure
This case is based on a real AutoACV matter. Identifying details have been removed. Results depend on the vehicle, policy, evidence, market, and claim process; this example does not guarantee a similar outcome.