Ice Damage - Possible total loss

[upallnight]

Originally Posted by sunny5280

He would have already received what it was worth when the insurance company cut him a check.

It's a 2002 4.6 and the insurance company is just going to go by what KBB or some other source say the car is worth. Plus once the insurance company total the car and pays the owner, the owner will have to buy the car back from the insurance company. Now after paying out 12,600 (KBB price for private sale) for a 2002 4.6 BMW X5 in excellent conditions the insurance company is not going to sell it to the owner for just a couple of thousands. A 2002 4.6 X5 in fair condition is still worth 11,300. Even if he gets the car back for 10,000 he still needs to figure in the cost to get the car running.

For a Mini Cooper Clubman that I was looking at that had water damages to the electrical system the quote was 3,000 for a new DME and labor to install and code.