Well after an incident with a guard rail two weeks ago, my insurance company finally called me back and gave me a "totaled" value of $7450. I think this is low, but now I have to prove the car is worth more by faxing them proof. The car has 122,000 miles and runs like a top. I think the car is worth at least $9000, but I may be way off base here. The car has the fuch's and the LSD options. New oringed head, new konis, new water pump. all belts and maintanence were done. The car looked real nice in my opinion. other than the usual google searching, can some of you suggest good places to more accurately show what these cars are worth? Are my expectations too high?

Ugh....

 

That's a pretty good first offer from an insurance company. Most would have offered you less than $5000. Your replacement value is going to be somewhere between $9000 and $12,000 for normal examples, but I doubt if you'll get any where near the upper figure. Might tell them you'll accept the offer if you can have the car back as well. This of course assumes the car has parts you could turn. You can probably get back most of the loss value with the "left-overs". Good luck.

 

Yet another reason why I have a "agreed value" policy for my car. Granted, there are some limitations to the policy (total number of miles per year under 6K, no business use, etc, etc) but at least if I know if the unthinkable happens I can get out of my car what I have in it. I use one of the specialty insurers that you see in Hemmings, etc. Also, a good deal less expensive than a traditional policy...I've never actually had to make a claim, (and hope I never do)but knowing I'm covered for $16 on my car is comforting after seeing this and some other recent related threads...

 

Uh, "$16K"... <img src="graemlins/c.gif" border="0" alt="[ouch]" />

 

[quote]Originally posted by icat:
<strong>That's a pretty good first offer from an insurance company. Most would have offered you less than $5000. Your replacement value is going to be somewhere between $9000 and $12,000 for normal examples, but I doubt if you'll get any where near the upper figure. Might tell them you'll accept the offer if you can have the car back as well. This of course assumes the car has parts you could turn. You can probably get back most of the loss value with the "left-overs". Good luck.</strong><hr></blockquote>

I Plan on keeping the car, there is probably only about $5000 damage to the car, its not that bad at all, just the front right quarterpanel, and nose area is pushed in. They gave me a buy back figure of $750 to keep the car. The car drives perfectly fine, only body (no frame) damage.

 

Smokes.. and you're complaining!!??! Walk away with the car and $6700 sounds like a DAMN good deal (to me).

But, to help with your actual question, the PCA provides letters of value for just this occasion. If you're not a PCA member, I'm willing to bet you'd make way more than the cost of membership back by using this service. <a href="http://www.pca.org/members/valuation.html" target="_blank">See here!</a>

FWIW, I bought my 109k mile stock 86 951 for less than what you stand to walk away with if you take their current offer and buy the car back. But then again, there are the threads talking about the possability of prices going up too - so try for the best you can get.

<img src="graemlins/beerchug.gif" border="0" alt="[cheers]" />

 

[quote]Originally posted by Brian McCoy:
<strong>Smokes.. and you're complaining!!??! Walk away with the car and $6700 sounds like a DAMN good deal (to me).</strong><hr></blockquote>
Not with a salvage title...I'm going through the same **** with my 944.

 

I'm sorry to hear that... it's a really nice car and it was in great condition when i last saw it.

 

[quote]Originally posted by Jeremy Martin:
<strong>I'm sorry to hear that... it's a really nice car and it was in great condition when i last saw it. </strong><hr></blockquote>


Not too worry, it will be fixed and looking good again.