: Yen's Car Value?



P10Bostonian
Apr 26, 04, 07:30 AM
ok, i just got a call from my insurance company.


the car is valued at 3600 and some change.
minus the 5% tax and the $500 deductable since it was my fault. car comes out to be 3043.00


but get this, i told her i wanna buy the car back, she changes the value of the car or something.. and minus $150 for the salvage car, ill be only gettin back 2700.



is that right or wrong?


btw, i paid 3000 for her in the first place

500 for tires
300+ for alarm system
250 for HU
400+ repairs

G2002
Apr 26, 04, 08:28 AM
I duno, to me that sounds about right, its like your buying the car back for 300 bucks or around there. I have never delft with a situation like this before, so I don't really know to well, but they are giving somwheres around 3 grand for it, and if you get the car back that are giving you 2,700 bucks. So I think your 300 dollars is going to the purchase of the car.

Robj80
Apr 26, 04, 10:54 AM
Sounds right. My brother in law totalled his GSR a few years back. They valued it at $9,000 and were going to cut him a check for that amount. He decided to keep the car so they gave him a check for like $7400 and his car back.

md_emory
Apr 26, 04, 11:04 AM
that is right man - you are really paying 150 for the salvage. If you wanted to get it running again, you would have to fix it and go through the salvage process, which takes over a month.

This is the only reason I like insurance.

Liano
Apr 26, 04, 04:55 PM
If you decide not to buy your car back it might end up here www.iaai.com (http://www.iaai.com)

I have gotten cars from there and fixed them up but I seen your picture that you put up of your car the damage is pretty bad