The Legend, final chapter... - 986 Forum - The Community for Porsche Boxster & Cayman Owners

husker boxster · 09-07-2009, 06:40 PM

Sorry to hear about the demise of "the legend", but glad to hear you're OK.

Was the other person at fault? If so and if the person has reputable insurance, you should end up fine. The insurance co will want to do everything they can to make you happy so this incident doesn't end up in court. They should give you a very good settlement for your car. This will be one instance where the higher prices listed in the various car pricing guides will work to your benefit. Don't be surprised if they offer you more than book value. But they will want you to sign a release saying you'll not sue them.

With a generous settlement, the economy still sputtering, and the end of convertible weather approaching, you should be able to find a nice replacement.

Frodo · 09-07-2009, 07:41 PM

Quote: "Was the other person at fault?"

Posted by husker boxster.

If it was the other guy's fault, hopefully you had the presence of mind to complain about neck and back pain as soon as you got out of the car...You did do that, Right?

That's one of those little things that comes in handy when you start negotiating with the other guy's insurance company.

coreseller · 09-08-2009, 03:07 AM

Quote:

Originally Posted by husker boxster

Sorry to hear about the demise of "the legend", but glad to hear you're OK.

Was the other person at fault? If so and if the person has reputable insurance, you should end up fine. The insurance co will want to do everything they can to make you happy so this incident doesn't end up in court. They should give you a very good settlement for your car. This will be one instance where the higher prices listed in the various car pricing guides will work to your benefit. Don't be surprised if they offer you more than book value. But they will want you to sign a release saying you'll not sue them.

With a generous settlement, the economy still sputtering, and the end of convertible weather approaching, you should be able to find a nice replacement.

A couple of years back I was in an accident where the other driver was at obvious fault and my vehicle was a total loss. I thought then the same as you at the time, boy was I wrong. The other driver's insurance company (a reputable one) made an offer (which I felt was low) and that was it, no negotiation. We ended up having to go through subrogation (in effect a claim on your policy in which your insurance company goes after the other's). I have never sued anyone in my life, but that experience would make me consider it in the future.

vath2001 · 09-08-2009, 04:25 AM

Where did it happen? I was through Ann Arbor 2 weeks ago and saw the usual "cluster f___" of barrels.

Mike_Yi · 09-08-2009, 08:51 AM

A friend of mine wrecked his Carrera at the track. It was totalled, but he bought the wreck from the insurance company and stripped it in his garage. He eBayed the parts and made more off the parts than it would have cost him to replace the car. He came out way ahead. That may be something to consider if you have the space.

urban_legend · 09-08-2009, 09:39 AM

Insurance company called (a reputable one) as I suspected it will be totaled.
For my MY 2001 Boxster with 93K miles they are offering 15K.
Salvage value is 5K.
Estimate to fix 13K - new door, rocker panel, new rear quarter panel at a min. Damage was (as far as I can tell) just to side sheet metal.

Would have to sell a lot of parts on eBay to get $5K - I would think and considerable time and effort.

Also doesn't seem to make sense to fix it, I could use salvage parts but still would need a collision shop as this is well beyond my DIY capabilities or time.

So take the money and run - and start shopping for a replacement?

husker boxster · 09-08-2009, 07:18 PM

Sitting here on the plains of Nebraska, $15K for a base 01 with 93K mi seems pretty reasonable. IIRC there have been several new members who purchased 2001s this year, so you could check previous posts for what they paid. But it doesn't matter what we think, it's your decision. Hopefully it works out for you.

Heck, kick in an extra $2-$3K and you could probably find a nice 03 to take the "Son of Legend" mantle.

ekam · 09-08-2009, 07:22 PM

Quote:

Originally Posted by Mike_Yi

A friend of mine wrecked his Carrera at the track.

Why do I always hear stories of people wrecking their 911 at the track?

urban_legend · 09-09-2009, 05:44 PM

Sounds much better to say mine was wrecked at the track than a guy missed a light amid a cluster f%*$ of orange cones, lane changes and construction equipment. I will use that one when I tell the tale to the ladies and young children.

In any event, had the wake today, off to the salvage yard she goes. So after a suitable morning period - I will be back on the market looking for a new ride.

btw - the last thing ever discussed on this forum is p-car safety (this aint't volvo world) but the collosion shop was pretty impressed when I got out without a scratch.

husker boxster · 09-09-2009, 06:42 PM

Good move on letting her go. You might be able to make some bucks salvaging her, but you'd spend the next year making daily / weekly trips to the FedEx, UPS, and USPS stores. Instead you can begin the hunt for the next Legend and enjoy her when you find her.

Have you settled on a price? Just thought of something. Maybe you should try for an extra $1k since finding the right car will involve 1 or multiple lengthy trips. These cars aren't on every local used car lot. Why should you foot the bill to fly to California to buy your replacement?

Good luck and happy hunting.