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another one bites the dust. (wrecked)

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Old 07-25-2011 | 11:35 PM
  #61  
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Originally Posted by onspeed
Did you need just a receipt that you had purchased the mods or like a garage receipt that it was installed?
I installed everything on the car (except for tires) and just had purchase receipts.
Old 07-26-2011 | 12:07 AM
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If you are interested in buying the car back from the insurance co and selling it wrecked let me know - would be interested for sure.
Old 07-26-2011 | 09:16 AM
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Originally Posted by onspeed
Did you need just a receipt that you had purchased the mods or like a garage receipt that it was installed?
In my case I had both. Some receipts were from the shop, and some were for parts that I installed myself. The insurance considered shop labor costs, but wouldn't pay me for my time.
Old 07-26-2011 | 02:30 PM
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Yeah I was going to get that in there. The parts are all cool. The shop labor maybe at 85-90%. You labor will be worth zilch zero nada.
Old 08-02-2011 | 01:15 PM
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Received a voicemail from the insurance agent with some laughable amount they offered. Going to call them back in a little bit.

I just went through my records, I have over $4,000 in parts bills from this last year alone....
Old 08-02-2011 | 02:23 PM
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I can tell you now, they'll say parts are maintenance, doesn't add to KBB value, unless you can show it's an upgrade. My advice would be to negotiate purely from a dollar standpoint, don't get into the weeds. They need something to show their supervisor that signs off on it, so stuff like comparable cars sold on eBay or Rennlist goes a long way. Keep rubbing your neck while you are negotiating... How's that feeling, BTW?
Old 08-02-2011 | 04:04 PM
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I hate to hear this.

After my experience with my sons car it does not surprise me as you know. I hope you are feeling better other than that.

Be prepared to split your claim into a injury claim and a property claim. I suspect that the insurance would do it for you but you might have to call a lawyer. I would just keep it low key for the moment is my advise.

Additionally you might call your insurance agent or company and just see what they say is the value and/or comparables if they have it.
Old 08-02-2011 | 04:34 PM
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...

Last edited by onspeed; 08-18-2011 at 02:12 AM.
Old 08-02-2011 | 07:51 PM
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Very sorry to read this. The April, 2010 issue of Excellence has an article on 944 values. I picked it up after I painted my first one to show the insurance company (State Farm). An 86 in "excellent" condition was valued at $9525. It sounds to me like you need to think about trying to settle with the insurance company, including keeping the car. If you need the magazine, let me know.
Old 08-02-2011 | 11:27 PM
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Onspeed,

I bought my 86 951 with 49K about 18 months ago......sent you a PM....also a copy of the Invoice (from a broker) is yours if you need it.

Sent you a PM with the Particulars.

Scott
Old 08-06-2011 | 08:48 AM
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At what price point does it not make sense to buy back the salvage? I haven't decided on what I should get next... it would be convenient to have a parts car if I got another 951, but from a logical perspective, where would you draw the line?
Old 08-06-2011 | 11:46 AM
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You should be able to buy the car back for 500 to 700 dollars. I paid 550 to get my 924s back, i had so much $$ in parts that need to come over to my new car that i would have paid 1000 to get it back. Are you going to get another turbo? if so i'd really say pay what you have to pay to get it back. Having a good parts car will make it way easier to get the new ride up to speed. Even if you don't, since you have a good low mileage car you should be able to make the money back pretty easy just off the motor,tranny, wheels(!) and the interior parts. Then you can always sell it to a scrapper yourself once your done with that phase. I'd say you would make money on it.
Old 08-08-2011 | 08:24 PM
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They want a bit more than $500. Try ~$4000. Interior is in good condition, but it's brown, so not really too desirable. That leaves my gold Fuchs, engine, and transmission. Low miles, but not worth 4,000 I think.

Last edited by onspeed; 08-18-2011 at 02:12 AM.
Old 08-08-2011 | 08:47 PM
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That's BS. Find out where it ends up (boneyard) if there is more you want to take off it (wheels). What is their offer on the car? If they think its worth $4k as salvage, it must have been worth $12k+ before the accident?
Old 08-08-2011 | 08:52 PM
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When I totaled my 1985.5 944 NA in 2008 I was paid nearly $9,000. You should get full NADA value plus the states tax on that value. Buy back was $4,500 so I let it go.


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