UNBELIEVABLE

[jetkona]

Several week ago, my 2002 X5 4.4 had a major transmission failure. I did some searching and found a reputable transmission shop (by all research) in Phoenix and took the car there for repair. Bad idea and here is the short version. While there, they put 200 mi. on the car, overheated it somehow and cooked the engine. Repair estimates $25000, car value $17000, insurance says total loss and won't fix.

I'll get a check and the X5 with a salvage title and no engine. Now What?

JT

[XFive3.0]

take the check and sell it as is or sell it for parts. Ill take the 87's if you have them

[vinuneuro]

Time to call a lawyer.

[primetime]

Holy shit....I'm sorry for what happened to you... I think if its in your parameters and able to be done...I think you need to consider a lawsuit..

[bozo]

Originally Posted by jetkona

Now What?

JT

Court, that's what's next. I might be talking out of my a$$, but if you cant make somebody pay for this big time, there something very wrong.

[XFive3.0]

lawsuit = time & money... not really worth it IMO

[jetkona]

The insurance company is paying 17K and giving me the car. I did some checking and that is around High Private Party Value. I'm not sure what more I would get from a law suit.

I'm starting to like XFive3.0' train of thought.

[mrbmwx5]

take the check and the car and parting it out or sell it as is...
put in few more thousand dollars and get you the NICE used 4.6is.

[vinuneuro]

That's damn good. I would've figured a lot lot less since they're giving you the vehicle also.

Originally Posted by jetkona

The insurance company is paying 17K and giving me the car. I did some checking and that is around High Private Party Value. I'm not sure what more I would get from a law suit.

I'm starting to like XFive3.0' train of thought.

[TwinsPoppa]

Originally Posted by XFive3.0

lawsuit = time & money... not really worth it IMO

After attorney fees .. you'll probably end up with LESS money.

Take the check and consider yourself lucky you got a decent price on the X. Get some more from selling parts. Then hang onto the money if you have another car to use - you may need it for an emergency. That's if you don't already have some stashed away ... if you do, buy what suits you.