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Old 05-09-2014, 05:41 PM   #25
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Join Date: Jun 2012
Location: Frederick MD
Posts: 658
Congratulations Jake!!! That's great news.

I'd not worry about a buy back right now. Focus on maximizing the gross settlement. I'm betting the settlement will end up between $10,000and 11,000. Calculated salvage value will likely be between $2000-3000. Depending on state law a buy back will mean mandatory salvage title. If you can walk away with $8,000 and your car, I'd keep it and part it out (if you have room to store it...it takes months/years to fully part out most vehicles).
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