Total Loss?

[alanqning]

Originally Posted by JayG

If they total out the car, they are effectively buying the car from you and title goes to them. If they then sell it to you as salvage, then I would think that they have to list it on title as salvage.

Now that being said, I had a car that was rear ended and when I settled with the insurance company (other persons company) I asked them to adjust the amount paid to me to cover the "salvage" amount and since title never changed, the title stayed with me as clean title

I would be settling also, and adjust the salvage amount and the title would stay clear right?

[alanqning]

How much would a 2.7 with imsb, rms, luks flywheel, stage 3 clutch masters, limited slip diff engine/trans combo be worth? Wheres Jake?!

[JayG]

Originally Posted by alanqning

I would be settling also, and adjust the salvage amount and the title would stay clear right?

That's what I would try to do.

Settle on both the payout and the salvage amount and adjust the cash to you.
Don't forget to add loss of use in the settlement. They should either give you a rental car for the time the car is out of service or pay you the daily rate for each day. Of course since you have a premium high performance luxuary car, the daily rate is much higher

[san rensho]

Take the money and run, wait, negotiate how much they value your car at. Get high ball values from NADA, KBB and negotiate. Car prices aRe opinions, not written in stone. If you can make a good case that your car is at the upper end of the value, you will get more coin.

Push to make sure they total your car. If you push to get it repaired, it will never be the same after that much damage and will be worth much less because now it has a history of major repair. These cars are a dime a dozen, you can easily get a better Box in this market than what you have if you can beat up on the insurance co and they give you a good settlement. Dont let emotion Influence your decision. Let the car go and move on.

Now, as far as salvage value goes, if you want to buy the car back for salvage, again, everything is negotiable. Low ball them on the salvage, offer $500 then move up from there. They are not in the salvage business and know that a real salvage co will pay about that, so if they get it from you with a stroke of the pen, they will do it than deal with a salvage co. You can part it out for a good $4-7k just for a good motor, trans and and interior.

[BIGJake111]

Originally Posted by san rensho

Take the money and run, wait, negotiate how much they value your car at. Get high ball values from NADA, KBB and negotiate. Car prices aRe opinions, not written in stone. If you can make a good case that your car is at the upper end of the value, you will get more coin.

Push to make sure they total your car. If you push to get it repaired, it will never be the same after that much damage and will be worth much less because now it has a history of major repair. These cars are a dime a dozen, you can easily get a better Box in this market than what you have if you can beat up on the insurance co and they give you a good settlement. Dont let emotion Influence your decision. Let the car go and move on.

Now, as far as salvage value goes, if you want to buy the car back for salvage, again, everything is negotiable. Low ball them on the salvage, offer $500 then move up from there. They are not in the salvage business and know that a real salvage co will pay about that, so if they get it from you with a stroke of the pen, they will do it than deal with a salvage co. You can part it out for a good $4-7k just for a good motor, trans and and interior.

They were willing to give me over blue book value, they car much more about what similar cars go for in your area on sites like autotrader. Of the comparables they sent me, 1 was an S and the other was I highly optioned 2.7 with nav. These cars are hard to replaced and thankfully insurance understands that.

[BIGJake111]

Make sure that you have your own adjuster of the car, see if any Porsche folks from your area knows the body shop most Porsches go to, if you have a lawyer friend they will likely know what body shop will do things right instead of a botch job done by whoever insurance suggests. If you are not at fault, you can request all new parts I believe based off of the car being a Porsche, and the way the car is unibody labor of a repair can skyrocket quick if the right components are damaged.

[husker boxster]

Or look for a roller with blown IMS and swap engines. That MY was particularly prone to IMS failure so one should come along that would be a good candidate.

[woodsman]

I think .5" is a lot especially once it's reversed-- forever weaker than before the incident. Nonetheless, it would be a good start for someone's racecar. Is there a colour you'd prefer?

[alanqning]

Originally Posted by husker boxster

Or look for a roller with blown IMS and swap engines. That MY was particularly prone to IMS failure so one should come along that would be a good candidate.

Sadly, I don't see a roller candidate right now.

[husker boxster]

What luck! KWF may have a roller.