<sigh>....yet another accident...EDIT: pics added

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professor
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Post by professor »

Sorry but I think it is gone.

As far as recovering maximum value, you need to talk to the insurance company and find out what the procedure is for establishing value if you believe that it substantially exceeds blue book.

Do you have collision coverage with your insurance company ? If so you may be able to settle with them, and they subsequently recover the moneys from the other (faulted) driver. Or your state may have true no-fault where you don't have to deal with the other company at all. These are good scenarios since they are on your "side".

If you don't have collision you may have to deal with the other company and that truly sucks.

In any case, you will need to establish the value by some type of expert evaluation. For my 1971 2002tii, I was able to use the BMW Car Club ombudsman, who hooked me up with a BMW restoration expert. They produced a letter on official-type letterhead based upon extensive photos, and car club data that is compiled for exactly this purpose. I had a real fun time as both ends of my car were hit in separate accidents within two weeks.

In the end I got a fair settlement. I don't know where you would turn to establish true sales prices for your car, but you may find that the high end of retail is quite fair after all.
That beer you are drinking cost more than my car
georryan
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Post by georryan »

Retail is fair. It sits at $3795. The price I quoted before was for private party.

Thanks for the advice.

William, I would LOVE to hear what you mechanic says, thanks.

I don't have collision, but I am not worried about the insurance company, and I have very little doubt that my car will be totaled unless they work with me on repairs.

-Ryan
91 Pearl White Sport Sedan
04 Java Black Pearl Forester XT
2014 Volvo S60 T5
18 KTM 1290 Adventure S

87 Grey GL-10 Sedan (so long old buddy) - donated
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THAWA
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Post by THAWA »

sorry about the album thing, I had the permissions set wrong, you can edit now.
Rio Red 90 Legacy LS AWD 174k
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TheSubaruJunkie
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Post by TheSubaruJunkie »

KEEP YOUR CAR!!!

Do everything in your power to keep it. The damage done is very minimal and should be able to be repaired by any reputable body shop. Ive seen MUCH worse turn into much better.

If you must get rid of it, buy it back from the insurance company and part it out. You could sell your engine for more than you'd spend to get it back from insurance. Then buy a 91 LS sedan and put the hood & trunk on :)

-Brian
1983 Subaru GL-10 Brat
1986 Toyota 4Runner
91White-T
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Post by 91White-T »

TheSubaruJunkie wrote:KEEP YOUR CAR!!!
Do everything in your power to keep it.
I'm gonna agree, youre gonna regret it if you get rid of it, trust me.
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