Go Back   986 Forum - The Community for Porsche Boxster & Cayman Owners > Porsche Boxster & Cayman Forums > Boxster General Discussions

Post Reply
 
LinkBack Thread Tools Display Modes
Old 06-28-2016, 02:33 PM   #1
Registered User
 
Join Date: Apr 2016
Location: La Salle County IL
Posts: 76
Garage
Total loss thresholds vary by state in the US. If they wrote a 12K estimate on a 21K car, there is a 9K difference. If they have a bid from a salvage buyer for 9K or more, they would total it. The only variable would be hidden but expected damage - hard to tell more without photos or seeing the estimate. Not sure how all this plays in Australia ...
FoxRvrBox is offline   Reply With Quote
Old 06-28-2016, 04:59 PM   #2
Registered User
 
Join Date: Jul 2015
Location: AUS
Posts: 4
Yes it seems the threshold here is around 75% - I spoke to the assessor and he said that there was about $1k leeway on the quote, which would make it $15k, or around 75% of $21k.

It's all good. I got a copy of the quote and it's totally wrong - almost all the parts they've quoted are for 987, including two exhaust systems and a whole bunch of crap that wasn't damaged. I'm working with the Insurer now to get a correct quote, it's definitely going to be less than the original one. My baby is safe and will at sometime come back to me!

Edit: the insurer also got an engineering report done - no structural damage, no alignment or suspension damage.

Thanks everyone.

Last edited by grantmr; 06-28-2016 at 05:01 PM. Reason: additional info
grantmr is offline   Reply With Quote
Post Reply



Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is On
Trackbacks are On
Pingbacks are On
Refbacks are On




All times are GMT -8. The time now is 08:24 PM.


Powered by vBulletin® Version 3.8.7
Copyright ©2000 - 2025, vBulletin Solutions, Inc.
Content Relevant URLs by vBSEO 3.6.0
Copyright 2025 Pelican Parts, LLC - Posts may be archived for display on the Pelican Parts Website -    DMCA Registered Agent Contact Page