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Old 09-30-2010, 07:02 AM   #1
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Rob,

When you settle with the insurance company ask how much to buy the car back. If it's reasonable you can part it out and possibly make money and a few new friends.

I T-boned a guy after he left turned me in my truck. Truck was totaled (more than 80% of the current value to repair) and I was paid ($5,500) and I turned around and bought my truck back for $500. Still have it and its worth way more than what I paid.

If your engine is in good shape I'm sure someone would like to have a spare sitting around just in case, especially a 3.2.

Good luck.

P.S. I hope it comes up here to Oklahoma Foreign.
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Last edited by Jaxonalden; 09-30-2010 at 07:05 AM.
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Old 09-30-2010, 06:31 PM   #2
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I'll give insurance as much grief as the next guy for the efforts they go to regards not paying out or offering lousy settlements. But in this case, I'd have to side with them. Strictly speaking, I would say the benefit of bearing upgrades is unproven. Likewise, one or two isolated examples of a car selling for a bit more than market due to having one fitted should not oblige an insurance company to pay out more.

Don't get me wrong, I certainly believe the bearing upgrade is worthwhile, but when it comes to insurance pay outs, I don't see it as being relevant. I think the bearing upgrade is best viewed as money you pay out to help protect against the cost of engine failure. If you get a little back when you sell it on, great. But I certainly wouldn't expect an insurance company to pay out more on a claim.
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Old 10-01-2010, 07:50 AM   #3
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Sorry to hear about your wreck. I totaled my first Boxster a Porsche meet(wasn't speeding or nothing).

I wouldn't see how you can justify payout for any value on a IMS retrofit, after all even if your original IMS went and the engine blew...insurance wouldn't play any part in that either.

Can you PM the value that your going to be paid out? Just curious as i have 01' S.
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