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mikefocke · 03-25-2010, 07:01 AM

because once they say it makes no economic sense to fix it, unless you have skills and value your time at less than a shop would charge, it still makes no sense. Plus there may be hidden damage to the suspension, chassis may be slightly bent, etc. After an accident, you are often better off if they do total it and you get a accident free replacement.

In my case the insurance company merely passed the whole process on to a third party company who specialized in getting the most $ out of parting out a wreck. All I had to do is receive the estimate and sign over the title and hand them all the keys.

Yes, you could part it out yourself but what a hassle. Think of all the shipping and crating issues as well as the removal of parts and the disposition of the carcass.

My case they gave me more than I paid for the car 6 months earlier. And I had bought in the spring and the car was totaled in November. Not to mention I had told them and the DMV the honest purchase price when I bought the car. I ended up being able to trade up to a 2 year newer car and to an S from a base for only $1k more than the $ they paid me. They even paid for some of the taxes and registration fees I had paid when I bought the car.

If they do decide to total the car, be sure and get all your personal stuff out (even dumb things like CDs) and it is fair to remove any mods as long as you replace them with stock parts (tail lights and side lights, for example).

03-25-2010, 07:01 AM	#24
mikefocke Registered User Join Date: Aug 2005 Location: Sanford NC Posts: 2,566	I wouldn't buy it back because once they say it makes no economic sense to fix it, unless you have skills and value your time at less than a shop would charge, it still makes no sense. Plus there may be hidden damage to the suspension, chassis may be slightly bent, etc. After an accident, you are often better off if they do total it and you get a accident free replacement. In my case the insurance company merely passed the whole process on to a third party company who specialized in getting the most $ out of parting out a wreck. All I had to do is receive the estimate and sign over the title and hand them all the keys. Yes, you could part it out yourself but what a hassle. Think of all the shipping and crating issues as well as the removal of parts and the disposition of the carcass. My case they gave me more than I paid for the car 6 months earlier. And I had bought in the spring and the car was totaled in November. Not to mention I had told them and the DMV the honest purchase price when I bought the car. I ended up being able to trade up to a 2 year newer car and to an S from a base for only $1k more than the $ they paid me. They even paid for some of the taxes and registration fees I had paid when I bought the car. If they do decide to total the car, be sure and get all your personal stuff out (even dumb things like CDs) and it is fair to remove any mods as long as you replace them with stock parts (tail lights and side lights, for example).