E30 M42 + Eaton MP62

[lolcantturn]

Holy shit I'm keeping my reciepts.

I guess if you do your own work, you can't really count that into consideration for value increase, can you?

[trackjunkie21]

glad I have every single receipt ever.

[Ian Bowers]

9800?!?! Holy fuck, brb switching insurance companies.

StateFarm is good about the value of your vehicle if you keep meticulous receipts and maintenance records. We went through this with our E24 about 6 years ago.

[trackjunkie21]

So, here's an update:

I called the appraisal company, and as I said, state farm did not send them any of the new receipts for the vehicle. I emailed over copies, and the car re-appraised at $9200. State Farm offered me a $9,800 dollar check, and for $1800, I keep my car. Considering it's sitting in my driveway, I'm buying it back; I'll end up with a $7990 total loss check.

Cut rear quarter off, throw fiberglass over-fenders on, track car...?

Sorry for the lame update. :\

9800?!?! Holy fuck, brb switching insurance companies.

[Ian Bowers]

So, here's an update:

I called the appraisal company, and as I said, state farm did not send them any of the new receipts for the vehicle. I emailed over copies, and the car re-appraised at $9200. State Farm offered me a $9,800 dollar check, and for $1800, I keep my car. Considering it's sitting in my driveway, I'm buying it back; I'll end up with a $7990 total loss check.

Cut rear quarter off, throw fiberglass over-fenders on, track car...?

Sorry for the lame update. :\

[whodwho]

I am REALLY surprised that they offered that much for a car that insurance companies typically consider worth less then $2500 now for a decent shaped one with maintenance receipts.

I just went thru this a year ago, repairs were close enough that I was able to get it repaired and back and no salvage title.

[trackjunkie21]

Yeah, you could have easily bought a well sorted e30 for that cash.

[Ian Bowers]

I would have gone with that and called it a day.

The main issue I had is the car was appraised at $7850 at the beginning of the year, the appraisal went down to $7300, so I have a feeling that something is amiss in their records of the receipts to the vehicle.

[Teaguer]

small update: got the first offer from state farm today. $7800 with an $1800 buy back on the vehicle, leaving me at 6k with my car back. I declined, I know that's undervaluing the car.

I would have gone with that and called it a day.

[Ian Bowers]

To be honest, that may be salvageable right there...
A shop has written me an estimate to pull and reshape the rear of my car, which has kinda similar damage to yours.

It's repairable, there's no question about that -- I just don't want the car to hold a salvage title, and my insurance company doesn't value it enough to repair it with a clean title. Sorry to hear about your peugeot, bud. :\

Holy ouch! After fresh paint and everything too. :(

:(

:( im crying right now

I apologize for never getting to do de boosted tandems with you, my friend. :(

small update: got the first offer from state farm today. $7800 with an $1800 buy back on the vehicle, leaving me at 6k with my car back. I declined, I know that's undervaluing the car.

[Dj Buttchug]

:( im crying right now

[Holland]

Holy ouch! After fresh paint and everything too. :(

[freeride53]

To be honest, that may be salvageable right there...
A shop has written me an estimate to pull and reshape the rear of my car, which has kinda similar damage to yours.

[FunfGan]

Holy fuck, 7.5?

[freeride53]

That's sad. I'm sorry man.