A buddy of mine who loved my iX so much, bought one a couple months ago. Early Sunday morning, a local cabby completely annihilated his car while it was parked, totaling it out. It was sandwiched between two cars, but judging by the pics alone you would think it was a direct hit.
Question is, he only had liability on the car.....and he spent $3200 for it. Car is a 1988 325ix w/ roughly 213K miles. He's hoping to get something for it. I checked edmunds, and it says the car is worth $1400 dealer, $300 retail, $35 trade in....yikes.
Obviously none of it is his fault, but I'm curious to see if anyone here recently got paid out on a total....if so how much? He's planning on buying it back if he can...and we're going to store it in my garage to hopefully find a donor car.
Question is, he only had liability on the car.....and he spent $3200 for it. Car is a 1988 325ix w/ roughly 213K miles. He's hoping to get something for it. I checked edmunds, and it says the car is worth $1400 dealer, $300 retail, $35 trade in....yikes.
Obviously none of it is his fault, but I'm curious to see if anyone here recently got paid out on a total....if so how much? He's planning on buying it back if he can...and we're going to store it in my garage to hopefully find a donor car.
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