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Posted: Wed Dec 08, 2004 5:45 pm
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.

Posted: Wed Dec 08, 2004 6:15 pm
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

Posted: Thu Dec 09, 2004 2:41 am
by THAWA
sorry about the album thing, I had the permissions set wrong, you can edit now.

Posted: Thu Dec 09, 2004 2:55 am
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

Posted: Thu Dec 09, 2004 3:04 am
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.