Ice Damage - Possible total loss

[jcp240z]

One thing to do is you can negotiate with your insurance company on the value. You can look at some of my old posts. I had some one hit my rear quarter panel. Took 6 months to get repaired as there where NONE available in the world. Headquarters in Germany had a back order of 27 of them. Any way, I spoke with my insurance, noted that this was not a typical X5. Said to do search for comparable 03 Estoril 4.6is with piano black interior trim and factory tow hitch and my miles. They ended up covering repairs up to $12700. This was in 2013. Receipts, and research are your friend.

[Rush]

Originally Posted by jcp240z

One thing to do is you can negotiate with your insurance company on the value. You can look at some of my old posts. I had some one hit my rear quarter panel. Took 6 months to get repaired as there where NONE available in the world. Headquarters in Germany had a back order of 27 of them. Any way, I spoke with my insurance, noted that this was not a typical X5. Said to do search for comparable 03 Estoril 4.6is with piano black interior trim and factory tow hitch and my miles. They ended up covering repairs up to $12700. This was in 2013. Receipts, and research are your friend.

I will read through them. Any in particular that you would recommend? Did you ask them to do the search, did they balk at doing so?

Six months? Sheesh. But heartening to know that it worked out!

[jcp240z]

I did my research and spoke with my adjuster. I did not have to pursue it farther, but was ready to do so.
http://www.xoutpost.com/bmw-sav-foru...ppy-4-6is.html
Looking back, I didn't post a lot of details.

[Rush]

Originally Posted by jcp240z

I did my research and spoke with my adjuster. I did not have to pursue it farther, but was ready to do so.
http://www.xoutpost.com/bmw-sav-foru...ppy-4-6is.html
Looking back, I didn't post a lot of details.

Great, thanks for posting though, some good suggestions in that thread too.

Just waiting now. I'll post whatever I get from the insurance company here; ought to be interesting, regardless of the outcome.

A number of you have mentioned that, given a total loss, I could take less from the insurance company than they would pay, in essence buying it from them, and get it repaired.

Why then, must there be a salvage title? It wouldn't be salvaged. Is that just SOP? A legal requirement? Them fixing my hash knowing that it crushes resale value?

Thoughts?

[upallnight]

Anytime an insurance company pay out for a "total car" the insurance in reality is buying back the car from the owner so the title is given back to insurance company. The state that issue the title will reissue the title as a salvage title to the insurance company. This is to protect the public from buying use cars that has been in serious collisions and suffer structural damages to the unibody or frame. I'm sure people have seen cars dog tracking down the road even though the exterior appears to be in good condition, but the chassis has suffer damages that was never corrected.

You can buy back a salvage title vehicle, but can't get plates for it until it has been inspected. Once the vehicle pass inspection it is issued a "Rebuilt Title" not a "clear title". Some people have laundered rebuilt title by applying for title in states that only issue salvage and clear title.

But a Carfax will note that the vehicle was issued a salvage and rebuilt title as part of it history.

Here a link to some additional info on salvage title.

http://www.claimsjournal.com/news/na.../05/240841.htm

[Rush]

Originally Posted by upallnight

Anytime an insurance company pay out for a "total car" the insurance in reality is buying back the car from the owner so the title is given back to insurance company. The state that issue the title will reissue the title as a salvage title to the insurance company. This is to protect the public from buying use cars that has been in serious collisions and suffer structural damages to the unibody or frame. I'm sure people have seen cars dog tracking down the road even though the exterior appears to be in good condition, but the chassis has suffer damages that was never corrected.

You can buy back a salvage title vehicle, but can't get plates for it until it has been inspected. Once the vehicle pass inspection it is issued a "Rebuilt Title" not a "clear title". Some people have laundered rebuilt title by applying for title in states that only issue salvage and clear title.

But a Carfax will note that the vehicle was issued a salvage and rebuilt title as part of it history.

Here a link to some additional info on salvage title.

When is A Vehicle Considered a Total Loss?

Great, thank you. I'll check into DC rules if it comes to that.

Sheesh, and electrical problem and it gets a salvage title. Unreal.

[Rush]

Monday morning. Let's see what happens today.

[OptimusPriM5]

Originally Posted by Rush

Monday morning. Let's see what happens today.

Curious also how long you had your estoril and where did you acquire it

PLUS subscribed to see results of the shops analysis Good Luck!

[Rush]

Let's see, got it in either late '06 or early '07, I want to say 38K miles. One owner, lil' ol' lady from Long Island. All records, taken care of, et cetera.

We hadn't planned on it, but it was too good to pass up!

[OptimusPriM5]

Originally Posted by Rush

Let's see, got it in either late '06 or early '07, I want to say 38K miles. One owner, lil' ol' lady from Long Island. All records, taken care of, et cetera.

We hadn't planned on it, but it was too good to pass up!

Oh good a long term owner sounds like a good find. Im a recent new comer only 1.5 years and 49k. Hope this settles quickly and your able to join the rest of the DMV crew when weather also warms a bit too