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Thanks for all of the great replies and info. Now that I've had a day to kick it around, I realize that I don't have the time to put into a project so I'm going to let the insurance company keep my XKR and start the search for a replacement. FWIW - The insurance company quoted me a scrap value of ~$5900 for the vehicle. That seems low considering the limited damage and it might be a money making opportunity for someone who's in the business of fixing these cars. I drove the vehicle home from the accident and to the body shop (around 15 miles total) and I didn't notice any issues.
Mike
Ask them what the buy back cost is if they total it. You'll just get less money from them and they may title as rebuilt or salvage it if you have a lien on it, or not. Scrap value is an ambiguous magic number to gain your sympathy towards their choice to scrap it. Buy back should be a fraction of the scrap cost. As Q/C stated, buy the repair panels and bolt them in place.
Did you buy it with cash or have a note against the car? Makes a difference in the rebuild process.
My car was rear-ended and they fixed it for $11,000
Yours is not much different than mine was. I had to replace the trunk lid, tail lights, bumper, and straighten the rear quarter panel. I had just bought mine for $25,000 so it was not "totaled" at $11,000 repair cost Yours shouldn't be either.
My car was rear-ended and they fixed it for $11,000
Yours is not much different than mine was. I had to replace the trunk lid, tail lights, bumper, and straighten the rear quarter panel. I had just bought mine for $25,000 so it was not "totaled" at $11,000 repair cost Yours shouldn't be either.
He doesnt even have to paint or replace broken lights.
These insurance companies rely on being the judge and jury, when its your money and they the treasurers, have a perverse incentive.
Imagine if we saved money for our loved ones and let the bank decide if they qualify. Same incentive, except banks have oversight. Ins companies have massive Washington lobbyists and no oversight.
06-13-2018, 06:46 PM
