Total Loss
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.
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.
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
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
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.
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.
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
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
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.
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