SVX Network Forums Live Chat! SVX or Subaru Links Old Lockers Photo Post How-To Documents Message Archive SVX Shop Search |
IRC users: |
#1
|
||||
|
||||
Experiences w/ totalled car? Anyone?
My wife just got in a collision today when someone decided to turn left in front of her She hit them w/ the front driver's side into their passenger side door.
They got a ticket, etc.. so it is definately not her fault. Now I just wonder what's going to happen to the car and the $$ It's a 2003 Hyundai XG350/L. Looking quickly, the damage does not look too severe, and the car is driveable, the AC still works, etc.. but the fender, bumper cover, headlight are no shot, and the hood is a ways out of alignment, probably bent a little, so I don't know if there is some frame damage underneath or not. I took it for a spin and it pulls slightly to the left, but not drastically. I'm just wondering how much damage is needed to get it totalled out? Their insurance company is Allstate if that matters. If it is totalled, that is our best option, because our gap insurance covers the gap, plus our deductible, plus it gives us $1000 towards a replacement vehicle, so we are hoping it will be totalled out :P We've been trying to sell it on autotrader for awhile now... KBB retail for excellent condition, which of course it is no longer = $16k KBB private party sale is $12-14 in varying conditions KBB trade-in is from 9.5k - 11.4k depending on condition What says the network? Yes..this picture is crap, but it's dark out now..I'll update tomorrow
__________________
'93 Anniversary Edition SVX 122k - 3.7 FD 5MT Swap, ECUtune 1a1, Bontrager RSB, Mad Restoration underway! '20 Honda Ridgeline Custom Oil Caps, Battery Bars, Phenolic Spacers for sale here: http://www.x35design.com |
#2
|
||||
|
||||
Hard to say if it is totalled, depending on insurance company it could be an estimate anywhere from 50-80% of what they deem the car to be worth, so the question is does your car have $8-10,000 in damage? And it depends on what similar cars have sold for, if texas has sales tax then the only real advantage of the car being totalled by the insurance company is that they pay you the value of the car plus sales tax minus deductible, quite often you can then buy the car back from the insurance company and resell it to a private party for more than you bought it back off the insurance company, make a little money there too.
__________________
.Karl. Southwest members, click here to check in!CA,NV,AZ,UT,NM,OR,CO Wanted...your busted SVX! Watch out Earl, I'm comin to getchya Return of the Pissed Platypus! X2 My dream (other than a pearlie) 1.8 SVXi and a laguna blue spoiler...somewhere I decided to quit drinking, but I didn't like it so I quit not drinking. |
#3
|
||||
|
||||
Quote:
If the cost of repairs exceeds 70% of the value of the car, it will be totaled. However, RECENT reciepts may increase the value of the car.( to high book) Jerry
__________________
I'm not a REDNECK! I am an Appalachian-AMERICAN!! "Can't go to work today. The 'voices' said to "Stay home and clean the guns". Most famous Red-Neck last words... " Hey Everybody, Watch This!!) http://s306.photobucket.com/albums/nn272/subi-crosser/ Jerry |
#4
|
||||
|
||||
you better find a way to kill the engine steve. it doesn't look totalled in my opinion.
|
#5
|
||||
|
||||
Quote:
Does this mean I'll be seeing you before the Dragon? As currently the RS is the only car I have to drive (plus my Bikes), and I'll need to try to speed up my SVX at the paint shop....
__________________
Huck Subaru Ambassador 92 SVX LS-Tour Magnaflow Exhaust, 5-Spd-AWD 88 XT6 AWD 5-Speed "Bride of FrankenWedge" 15 Impreza Premium Sedan 15 Crosstrek XV 5-Speed My 5-Speed "How-To" Write-up 1976 Pontiac Firebird Formula Current Count of Subaru's Owned.... "70" |
#6
|
|||
|
|||
that's pretty repairable to me
__________________
1991 xt6 eg33? 1993 gc track car |
#7
|
||||
|
||||
doesn't seem to be a major hit.
looks as though you can write it off
__________________
1992 Subaru SVX LS~L Ebony Pearl 1992 Dodge Stealth R/T Firestorm Red 1992 Subaru SVX LS~L Pearl White 1992 Subaru SVX LS~L Ebony Pearl JDM 6MT/DCCD 2007 Subaru Legacy Spec B. Diamond Grey Metallic |
|
|