06-06-2016, 04:46 AM
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#1
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Registered User
Join Date: Jul 2013
Location: Bastrop, Tx
Posts: 2,644
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Sorry to hear about your son's car. I'm thinking the turbo 944's have that problem more than the NA because half the turbo 944"s I see at the insurance auction are there because of an engine fire. I hope the insurance company doesn't give you any problems. The price of turbo 944's are on the rise and are worth a lot more than the NA cars. I can see them trying to low ball you on it's value
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Woody
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07-16-2016, 09:13 AM
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#2
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Registered User
Join Date: Oct 2008
Location: O.C. CA
Posts: 3,709
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Quote:
Originally Posted by itsnotanova
Sorry to hear about your son's car. I'm thinking the turbo 944's have that problem more than the NA because half the turbo 944"s I see at the insurance auction are there because of an engine fire. I hope the insurance company doesn't give you any problems. The price of turbo 944's are on the rise and are worth a lot more than the NA cars. I can see them trying to low ball you on it's value
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I'm thinking Mr. Stone is going to be giving them problems! 
Poor form Timco, really poor form!
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OE engine rebuilt,3.6 litre LN Engineering billet sleeves,triple row IMSB,LN rods. Deep sump oil pan with DT40 oil.
Last edited by BYprodriver; 07-16-2016 at 09:15 AM.
Reason: Timco
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07-16-2016, 09:42 AM
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#3
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Certified Boxster Addict
Join Date: Nov 2010
Location: Los Angeles
Posts: 7,669
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Quote:
Originally Posted by BYprodriver
I'm thinking Mr. Stone is going to be giving them problems! |
We, ah.... worked it out with the insurance company.
Their first offer was $8,800. I countered at $18,000. They did what all insurance companies do and lied.
First, they said that a 944 base (which they used for valuation) was the same as a 944 Turbo. Not true. That is like saying that a Boxster base is the same as a Boxster S.
Second, they said they would only use "local" comps. Not true.
Third, they said that they would only use comps within 1 model year. Not true.
Fourth, they said that they could only add value for the cost of the actual replacement engine but not any of the labor. Not true.
At the end of several back and forth discussions, we settled at $15,200. 
__________________
1999 996 C2 - sold - bought back - sold for more
1997 Spec Boxster BSR #254
1979 911 SC
POC Licensed DE/TT Instructor
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07-16-2016, 12:08 PM
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#4
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Registered User
Join Date: Sep 2013
Location: Chandler, AZ
Posts: 1,796
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Quote:
Originally Posted by thstone
We, ah.... worked it out with the insurance company.
Their first offer was $8,800. I countered at $18,000. They did what all insurance companies do and lied.
First, they said that a 944 base (which they used for valuation) was the same as a 944 Turbo. Not true. That is like saying that a Boxster base is the same as a Boxster S.
Second, they said they would only use "local" comps. Not true.
Third, they said that they would only use comps within 1 model year. Not true.
Fourth, they said that they could only add value for the cost of the actual replacement engine but not any of the labor. Not true.
At the end of several back and forth discussions, we settled at $15,200. |
Good for you! The car was worth ever bit of $15k.
I've seen it go the other way too. My daughter had her 2006 totaled and they offered $13,500 for it. I did my research and figured it was worth $10,500. We had paid $16,500 for it 4 years prior and had put over 50k on it. We quietly took their money.
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03 Carrera
02 Boxster S Guards Red, black interior with matching hardtop
89 Carrera 4
89 944 S2
78 911SC
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07-16-2016, 12:54 PM
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#5
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Certified Boxster Addict
Join Date: Nov 2010
Location: Los Angeles
Posts: 7,669
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Quote:
Originally Posted by Porsche9
I've seen it go the other way too. My daughter had her 2006 totaled and they offered $13,500 for it. I did my research and figured it was worth $10,500. We had paid $16,500 for it 4 years prior and had put over 50k on it. We quietly took their money. |
 Glad that you had a good experience with the insurer! Sure makes life a lot easier/happier after losing a car.
__________________
1999 996 C2 - sold - bought back - sold for more
1997 Spec Boxster BSR #254
1979 911 SC
POC Licensed DE/TT Instructor
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07-16-2016, 02:05 PM
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#6
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Registered User
Join Date: Jul 2008
Location: austin
Posts: 824
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Quote:
Originally Posted by thstone
We, ah.... worked it out with the insurance company.
Their first offer was $8,800. I countered at $18,000. They did what all insurance companies do and lied.
First, they said that a 944 base (which they used for valuation) was the same as a 944 Turbo. Not true. That is like saying that a Boxster base is the same as a Boxster S.
Second, they said they would only use "local" comps. Not true.
Third, they said that they would only use comps within 1 model year. Not true.
Fourth, they said that they could only add value for the cost of the actual replacement engine but not any of the labor. Not true.
At the end of several back and forth discussions, we settled at $15,200. |
Classic insurance BS
Be interesting to see what it fetches.
Probably a few $k in parts needed depending how much the fire was contained.
M
__________________
Drivers: '15 Panamera Hybrid (wife's), ' 01 996 GT2, 00 Boxster S, '96 993 Çab/Tip (wife's)
Race Cars: '75 911 RSR Replica & '99 Spec Boxster
mike@lonestarrpm.com
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07-17-2016, 05:42 AM
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#7
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Registered User
Join Date: Jul 2014
Location: Canada
Posts: 487
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Quote:
Originally Posted by thstone
We, ah.... worked it out with the insurance company.
Their first offer was $8,800. I countered at $18,000. They did what all insurance companies do and lied.
First, they said that a 944 base (which they used for valuation) was the same as a 944 Turbo. Not true. That is like saying that a Boxster base is the same as a Boxster S.
Second, they said they would only use "local" comps. Not true.
Third, they said that they would only use comps within 1 model year. Not true.
Fourth, they said that they could only add value for the cost of the actual replacement engine but not any of the labor. Not true.
At the end of several back and forth discussions, we settled at $15,200. |
Actually there are 3 models. Base ( single cam ) S ( twin cam n/a ) and the S Turbo.
__________________
99 Boxster sold
88 944S sold
Xpit Formula Four sold
95 Integra Solo I sold
71 Opel GT sold
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07-20-2016, 09:25 AM
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#8
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Registered User
Join Date: Jul 2013
Location: Bastrop, Tx
Posts: 2,644
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Winning bid was $2750.
__________________
Woody
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07-17-2016, 04:52 AM
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#9
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I am my own mechanic....
Join Date: Feb 2013
Location: Salt Lake City, UT
Posts: 3,432
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Quote:
Originally Posted by BYprodriver
I'm thinking Mr. Stone is going to be giving them problems!
Poor form Timco, really poor form! |
I meant absolutely no ill will or to make fun. He said no one was hurt.
My apologies to OP if that was offensive over a month ago.
Apology sent.
Tried sending an apology to BYprovider but inbox over storage allowance. My apologies.
__________________
'04 Boxster S 50 Jahre 550 Spyder Anniversary Special Edition, 851 of 1953, 6-sp, IMS/RMS, GT Metallic silver, cocoa brown leather SOLD to member Broken Linkage.
'08 VW Touareg T-3 wife's car
'13 F150 Super Crew long bed 4x4 w/ Ego Boost
Last edited by Timco; 07-17-2016 at 05:31 PM.
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