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Old Feb 4, 2014 | 04:39 PM
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Thanks for the suggestions. I gave them a list of all the mods and my receipts along with comps of cars with the same make, model, mileage, and year. Just waiting for the offer.
 
Old Feb 5, 2014 | 09:38 AM
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hey bjack69,

i live near you if you give back the porsche can you take off part and swap them out?I have the same car and my headlights are not working right? thanks let know thanks
 
Old Feb 6, 2014 | 05:29 AM
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Originally Posted by bjack69
Thanks for the suggestions. I gave them a list of all the mods and my receipts along with comps of cars with the same make, model, mileage, and year. Just waiting for the offer.
A bit late at this point, but you just lost a lot of your negotiation leverage. A better strategy would have been to have held off in giving them all that information until they had made you offers for (1) a total loss, and (2) for you to buy it back. Once you have those figures in hand spend a few days mulling them over, and then if you decide you don't want to buy it back to repair or part it out, sort of a 2-prong approach.
First, if you want to try to negotiate a higher figure for the total loss using that sort of information as the basis for negotiation, don't waste your time talking with anyone except the person who has the power to agree to what you're asking for (and that's not going to be your friendly insurance agent). If that strategy doesn't produce the result you're looking for, you can always consider de-modding the car (if it's in your possession before turning it over to them) if you still have the original parts.
Just some thoughts.
 
Old Feb 6, 2014 | 05:52 AM
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That's a shame, as it was a beautiful car. I can understand the attachment, but I'm not sure I'd fix it especially in terms of long-term resale. If you plan in keeping the car forever, sure.
If they total it and you can buy it back for $12k, that's a heck of a deal. But do you have the time/patience to repair it? If not, I'm not sure I would have the desire to part it out either.

Good luck and let us know what happens
 
Old Feb 6, 2014 | 09:12 AM
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Originally Posted by Coloradocurt
A bit late at this point, but you just lost a lot of your negotiation leverage. A better strategy would have been to have held off in giving them all that information until they had made you offers for (1) a total loss, and (2) for you to buy it back. Once you have those figures in hand spend a few days mulling them over, and then if you decide you don't want to buy it back to repair or part it out, sort of a 2-prong approach.
First, if you want to try to negotiate a higher figure for the total loss using that sort of information as the basis for negotiation, don't waste your time talking with anyone except the person who has the power to agree to what you're asking for (and that's not going to be your friendly insurance agent). If that strategy doesn't produce the result you're looking for, you can always consider de-modding the car (if it's in your possession before turning it over to them) if you still have the original parts.
Just some thoughts.
Thanks for the input. I gave the short story but that is what I did and they gave me a good price and included all the mods.
 
Old Feb 6, 2014 | 09:19 AM
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Originally Posted by jsm996
That's a shame, as it was a beautiful car. I can understand the attachment, but I'm not sure I'd fix it especially in terms of long-term resale. If you plan in keeping the car forever, sure.
If they total it and you can buy it back for $12k, that's a heck of a deal. But do you have the time/patience to repair it? If not, I'm not sure I would have the desire to part it out either.

Good luck and let us know what happens
I was only planning on keeping the car for another 2 maybe 3 years. $12k is a good price to retain the but it will cost me $7 to $9K to repair and that is if I do most of the work myself and buy some of the parts on ebay and the forums. Im thinking cut my losses, take the pay out and buy a newer porsche. Just start over with a clean slate.
 
Old Feb 18, 2014 | 08:59 AM
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Update

After some haggling with the insurance company I managed to get a payout of $45,400 for the car. Time to go porsche shopping!
 
Old Feb 18, 2014 | 09:09 AM
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Bryan,

You now have a down payment for a 991 C4S or Turbo?

Jay
 
Old Feb 18, 2014 | 09:13 AM
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That was a good payout. So what are you thinking about going with?
 
Old Feb 18, 2014 | 10:36 AM
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Bear in mind that if you fix it you will be left with a car that has a "salvage" title. This is going to make it difficult to sell.
 
Old Feb 18, 2014 | 01:21 PM
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Didn't fix the car because I didn't want a salvage title so the insurance company came and pick up the car yesterday. I'd like to get a 2012 Carrera S, 07 Turbo or something in between. Im in no hurry I want to get the best condition car I can.
 
Old Feb 18, 2014 | 01:23 PM
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Originally Posted by jayi836
Bryan,

You now have a down payment for a 991 C4S or Turbo?

Jay
Yep.
 
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