2007 GT3 Engine For Sale
#16
Drifting
There is some frame damage on the passenger side front rail.
The full leather interior is covered in 20 oz of coffee as well.
DME should be fine, has a SW bypass on it too. Otherwise stock w/ PCCB.
The full leather interior is covered in 20 oz of coffee as well.
DME should be fine, has a SW bypass on it too. Otherwise stock w/ PCCB.
#17
Drifting
Thread Starter
i agree - looks like incompetent insurance co mistake totaling it... front end definitely repairable for less than value of car once fixed
#18
Rennlist Member
2007 GT3 Engine For Sale
Originally Posted by Guest89
There is some frame damage on the passenger side front rail.
The full leather interior is covered in 20 oz of coffee as well.
DME should be fine, has a SW bypass on it too. Otherwise stock w/ PCCB.
The full leather interior is covered in 20 oz of coffee as well.
DME should be fine, has a SW bypass on it too. Otherwise stock w/ PCCB.
Baby cup car build - don't need the interior
#19
Drifting
Thread Starter
If it's ahead of suspension not a huge deal
Baby cup car build - don't need the interior
Baby cup car build - don't need the interior
#20
Drifting
I'll repeat:
If anyone is seriously interested, send me a PM and we can hop on the phone for 5 minutes so I can tell you what I know.
If anyone is seriously interested, send me a PM and we can hop on the phone for 5 minutes so I can tell you what I know.
#21
Drifting
At my office, I setup a study to conduct how information gets around misrepresented. I started off by writing it down, then I told individual A.
I told A to tell B,and have B tell C. And C tell D. D to tell A, and A to tell me. Holy **** how my message had completely changed.
Human factor.
#22
Three Wheelin'
Wow...that was totalled? Front frame bent?
#23
Drifting
Can you post here on the thread ? Therefore it eliminates any lost in translation/ communication information on the vehicle.
At my office, I setup a study to conduct how information gets around misrepresented. I started off by writing it down, then I told individual A.
I told A to tell B,and have B tell C. And C tell D. D to tell A, and A to tell me. Holy **** how my message had completely changed.
Human factor.
At my office, I setup a study to conduct how information gets around misrepresented. I started off by writing it down, then I told individual A.
I told A to tell B,and have B tell C. And C tell D. D to tell A, and A to tell me. Holy **** how my message had completely changed.
Human factor.
#24
Drifting
I believe individuals here are more concerned/want to know more information with the condition of the vehicle, if it's a good buy, rather then knowing about insurance issues. Sucks on the insurance issue. I had one myself a few years back with another vehicle.
#25
Three Wheelin'
Did they add a zero by mistake to the repair estimate?
Steering Wheel air bag, front bumper, passenger side fender, passenger side headlight, hood. radiators?
Repair Est:$440,449 USD
#26
Drifting
Also:
Clear bra on entire front end
Full leather interior covered in coffee; most of it ruined
Some particularities of GA law pushed the car to a total loss.
#27
Three Wheelin'
Why not buy back and turn into Cup car for street? (as others have suggested)
#28
Drifting
I was pleased with the valuation offered for the total loss.
I spent the check and the proceeds from the sale of my 993 on my 991 GT3.
As for buying it back, I don't have the space/inclination for a purely track toy at the moment. It would make a good track car, however.
The car was up for auction once before, about a month ago. Price was in the $40s, and it didn't sell.
#29
Rennlist Member
IMO it's very questionabe that car is a total loss. I'm a retired 33-year Automobile Claims Manager for a major insurer (actually, the company that handled this loss...) and I was shocked when I read the Copart detail sheet. It indicates the repair estimate was $440,449 which has to be a misprint. Even 10% of that figure seems high unless there is considerable hidden damage or damage that isn't evident in the photos. The accident did deploy the driver's airbag and that is big $$$ on a Porsche.
Georgia law provides for mandatory diminished value and that may have been a factor in why this GT3 was totalled. I am curious as to who prepared the estimate (the shop or the insurer's appraiser) and what local body shop would have done the repairs. There are a (very) few high-end shops in the Atlanta area that could do a proper "invisible" repair on this car. There is no hard and fast rule regarding the percentage of repair cost vs. the ACV (actual cash value) to total a vehicle but generally, it would take around 25% repair cost/ACV to render a higher end car like this an obvious total loss. Note that the latest the salvage bid is $38,250 which is approaching 50% of ACV - which is why I question if this car really should have been totalled. Good for the owner, may be good for the insurer if the salvage bids continue to escalate.
IMO this would be a great car to repair but unfortunately it will carry a branded salvage title for life which will forever adversely affect it's resale value.
Georgia law provides for mandatory diminished value and that may have been a factor in why this GT3 was totalled. I am curious as to who prepared the estimate (the shop or the insurer's appraiser) and what local body shop would have done the repairs. There are a (very) few high-end shops in the Atlanta area that could do a proper "invisible" repair on this car. There is no hard and fast rule regarding the percentage of repair cost vs. the ACV (actual cash value) to total a vehicle but generally, it would take around 25% repair cost/ACV to render a higher end car like this an obvious total loss. Note that the latest the salvage bid is $38,250 which is approaching 50% of ACV - which is why I question if this car really should have been totalled. Good for the owner, may be good for the insurer if the salvage bids continue to escalate.
IMO this would be a great car to repair but unfortunately it will carry a branded salvage title for life which will forever adversely affect it's resale value.
#30
Rennlist Member
if someone has the means to repair this as a track *itch, then a good buy. Fix up the tub, get it straight, fiberglass parts to fix the bent metal, strip her down, etc. Otherwise not due to the branded title. Maybe in 30 years that doesn't matter as much.