crashed my 96 mystic
01-15-2010, 02:53 PM
#1
Thread Starter
Join Date: Jan 2008
Posts: 44
crashed my 96 mystic
Lady ran a red light and I tboned her. Car is a total loss, got a call today saying it was already at 6800 in damage and that was with using yunkyard parts. Im not sure what they are going to offer me as far as value. What usually happens? Will I be able to buy it back salvage and would you say it would be worth it? It is driveable but the front end is twisted pretty bad. The bags didnt even deploy. It has 85k miles on the engine and tranny. What kind of price would I be able to fetch for a perfect engine and trans?
01-15-2010, 03:34 PM
#3
2nd Gear Member
Join Date: Jun 2006
Location: Iowa
Posts: 248
Well, given I don't know what the actual condition of the car is in now it's hard to say, but you need to consider a couple of things. What have you put into the car you could lose in the matter and what is the car worth to you. The Mystic paint in and of itself has got to be pretty expensive I'm guessing just to repaint the front end, plus get it straightened out, and usually things turn up over time to as a result of accidents.
I had a friend who had a Camaro that was amazing and had probably 10-15 grand invested into it. He had full coverage, but did not have gap insurance to cover the extra parts...as when he inquired about extra coverage to cover a higher value on the car the agent said he probably would get dropped coverage because his vehicle was so "highly" modified in the engine...
Long story short, he got into a wreck, the insurance company said the vehicle was totaled and offered him like $4000 for the value of the car. He argued, but they insisted that his modifications were his problem and that this was the value at the moment if he were to find another vehicle. Anyways, he couldn't just afford to let it go to waste as he had too much invested (stuff that was still good to use) and he ended up parting out some parts of it and using other stuff for another Camaro he ended up buying.
This time he's looking into a different insurance coverage for show cars and stuff, but as of late he's been denied because of vehicle age being too new (I think it's like a 95 or something he has) and even if he could, it couldn't be a daily driver because they would limit his miles, but yeah I suppose that was a smarter move on his part...it just depends on what you think everythings worth and if there's anything out there you'd rather do.
I had a friend who had a Camaro that was amazing and had probably 10-15 grand invested into it. He had full coverage, but did not have gap insurance to cover the extra parts...as when he inquired about extra coverage to cover a higher value on the car the agent said he probably would get dropped coverage because his vehicle was so "highly" modified in the engine...
Long story short, he got into a wreck, the insurance company said the vehicle was totaled and offered him like $4000 for the value of the car. He argued, but they insisted that his modifications were his problem and that this was the value at the moment if he were to find another vehicle. Anyways, he couldn't just afford to let it go to waste as he had too much invested (stuff that was still good to use) and he ended up parting out some parts of it and using other stuff for another Camaro he ended up buying.
This time he's looking into a different insurance coverage for show cars and stuff, but as of late he's been denied because of vehicle age being too new (I think it's like a 95 or something he has) and even if he could, it couldn't be a daily driver because they would limit his miles, but yeah I suppose that was a smarter move on his part...it just depends on what you think everythings worth and if there's anything out there you'd rather do.
Last edited by dastangman; 01-15-2010 at 03:38 PM.
01-15-2010, 06:00 PM
#6
4th Gear Member
Join Date: May 2009
Location: DFW, TX
Posts: 1,925
Lady ran a red light and I tboned her. Car is a total loss, got a call today saying it was already at 6800 in damage and that was with using yunkyard parts. Im not sure what they are going to offer me as far as value. What usually happens? Will I be able to buy it back salvage and would you say it would be worth it? It is driveable but the front end is twisted pretty bad. The bags didnt even deploy. It has 85k miles on the engine and tranny. What kind of price would I be able to fetch for a perfect engine and trans?
