Looks like Harvey claimed at least 10 996s
09-29-2017, 04:28 PM
#16
Rennlist Member
Thread Starter
"Somewhat encouraging is the estimated retail values they have on some of these cars.
High teens to low 20's for the 3.4L and over 30K for the 3.6L."
Those are "dream" prices, not salvage prices. That's supposedly what they would be worth retail if they weren't wrecked. Too bad there's nothing to base that on since the car is already totaled. What if it had a dead engine before it was flooded? There's no way to tell at this point, so those numbers are totally moot! Those cars are worse less than nothing as "re-buildable"... I'm sure someone will pay something for them, but not much - I'd be surprised if someone paid more than $1k in that condition... That shift **** is nice though...
** Not laughing at the owners misfortune (thankfully he was covered by insurance) I just thought it a little ironic that the most desirable part of the car at this point is the shift ****!
High teens to low 20's for the 3.4L and over 30K for the 3.6L."
Those are "dream" prices, not salvage prices. That's supposedly what they would be worth retail if they weren't wrecked. Too bad there's nothing to base that on since the car is already totaled. What if it had a dead engine before it was flooded? There's no way to tell at this point, so those numbers are totally moot! Those cars are worse less than nothing as "re-buildable"... I'm sure someone will pay something for them, but not much - I'd be surprised if someone paid more than $1k in that condition... That shift **** is nice though...
** Not laughing at the owners misfortune (thankfully he was covered by insurance) I just thought it a little ironic that the most desirable part of the car at this point is the shift ****!Using my friend's example, he was paid out what the estimated retail value listed on Copart is for his car.
I was not saying that these cars were worth that money in their current state. I was saying that is what insurance believed they were worth before the incident, and those numbers seem pretty healthy.
09-29-2017, 04:57 PM
#18
The estimated value of the 2002 that *might* have belonged to a member here is $32,087. If that car was in perfect shape, I think you'd be hard pressed to get $25k for it. I just don't see that car going for $32k unless you happen to find the biggest moron in the world.
Pretty sure that they didn't payout to the former owner based on $32k either.
This smells of Copart trying to entice higher bids or the Ins Cos playing games.
09-29-2017, 06:37 PM
#20
Tony, time to fess up. You're an exec at one of the Fake Media empires aren't you? Only someone expertly trained in political obfuscation could have so badly quoted me to come up with that!
09-29-2017, 06:58 PM
#21
Rennlist Member
Fecal matter everywhere!
10-01-2017, 02:53 PM
#24
Rennlist Member
10-01-2017, 04:52 PM
#25
Former Vendor
Leave the "exchanging" to the mass producers.
10-02-2017, 12:43 PM
#28
Rennlist Member
Just an uneducated guess, but if the Ins Cos can make claims against the disaster recovery funds then they would have motivation to inflate values so that they could claim higher losses.
The estimated value of the 2002 that *might* have belonged to a member here is $32,087. If that car was in perfect shape, I think you'd be hard pressed to get $25k for it. I just don't see that car going for $32k unless you happen to find the biggest moron in the world.
Pretty sure that they didn't payout to the former owner based on $32k either.
This smells of Copart trying to entice higher bids or the Ins Cos playing games.
The estimated value of the 2002 that *might* have belonged to a member here is $32,087. If that car was in perfect shape, I think you'd be hard pressed to get $25k for it. I just don't see that car going for $32k unless you happen to find the biggest moron in the world.
Pretty sure that they didn't payout to the former owner based on $32k either.
This smells of Copart trying to entice higher bids or the Ins Cos playing games.
^^This^^ !!!
10-02-2017, 01:16 PM
#30