Accident with "new" CPO X5

[twssas]

Sorry about your accident, and glad you are ok. I really understand what you are going through right now, as I found out yesterday an accident I had this past Saturday, my X5 is being totaled, and at the moment I am waiting on the adjuster for a dollar value. I had 2500 miles on my X5. There is a lengthy discussion on my issues, in a thread called "do you think its totaled? You may be able to pick up a few ideas there. Also have a similar thread in bimmerfest under the x5 thread.

In your case, if you able, I would wait until the other party files his/her claim. It may save you your deductible.

I would start doing my research, on what prices your vehicle is going for...eg: similar miles, options, year, etc., so you know the dollar value that you will have to shoot for to be made whole, whether it is totaled or repaired. Edmunds, Auto Trader,are good sources.

As far as totaling, I can't really see if your unibody is damaged. That is a real key, as well as the suspension, and if there is any engine damage, or the structure that holds the engine and components in place.

I guess every company is different, but for my state, it requires that at least 75% of the value of vehicle for it to be declared a total loss. That is why you really need some data to support your side, if there is a dispute.

I am a real novice at this, as it was my first experience with something like this, and I will tell you, there are some really sharp, and helpful people on this board, and also over at the X5 thread on bimmerfest.

It is hard to be patient at this time (speaking from experience), but unfortunately, it will take some time. (hopefully not too much though)

As I found out in my case, the driver at fault who hit me.....had insurance, but it will take more than what he was insured with, so my policy kicks in with the uninsured/underinsured component.

Like I said, I am a novice....but am learning fast, and again you will get some great advice here.

Good luck.