Evo Totaled- Buy back too expensive
Nov 29, 2005, 02:48 PM
#19
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Originally Posted by ev08buoy
For all of those who's been following me along with this, My car is declared totaled now and the insurance company is being very supportive in this.
They are going to give me along the lines of 28K for the car including sales tax not including aftermarket parts. They are willing to let me take out the aftermarket parts OR they will pay me for them with receipts faxed over.
The buy-back price for the car is 1,600 and I don't think I'm going to go with that because I need to a buy a new car really very soon, rental is up in 7 days from now and I need to go auto shopping which sucks because I'm stuck in a training facility for work purpose until Friday.
I don't know if I should pay out of my pocket to tow the car to a friendly neighborhood garage and pay them to part out my car and put back the stockers.. what do you guys think? Is it really worth it.. the insurance company did insists I would be better off doing that then them paying me for the parts.
Edit- BTW, the car has 17.5K miles. Engine is untouched.
They are going to give me along the lines of 28K for the car including sales tax not including aftermarket parts. They are willing to let me take out the aftermarket parts OR they will pay me for them with receipts faxed over.
The buy-back price for the car is 1,600 and I don't think I'm going to go with that because I need to a buy a new car really very soon, rental is up in 7 days from now and I need to go auto shopping which sucks because I'm stuck in a training facility for work purpose until Friday.
I don't know if I should pay out of my pocket to tow the car to a friendly neighborhood garage and pay them to part out my car and put back the stockers.. what do you guys think? Is it really worth it.. the insurance company did insists I would be better off doing that then them paying me for the parts.
Edit- BTW, the car has 17.5K miles. Engine is untouched.
me at my friends shop, not saying 1600 is bad, just saying its too much for me right now i'm broke.. like hotrod said.. i just fixed my car and holiday coming and also i need a car for work.. just damn lucked out.
i would love to buy the back if i had the cash to spend.
i'm going to need a finance a car with 0 down asap....
heres pics of it anyway for some who haven't seen
Nov 29, 2005, 03:14 PM
#21
If I had the money I would paypal you 1800 right now. I'm sure someone else will take the oppertunity if you offer it. You will need a salvage title to take the car back though, at least in Pa. you do.
If you decide to part it, I got dibs on the leather!
If you decide to part it, I got dibs on the leather!
Nov 29, 2005, 03:24 PM
#24
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Dude, the insurance company is going to pay you for the car! Even after they pay off the loan you will get a check for more than $1600 (You can't owe more than $20,000 on an 04, right?) Tell them you want it back, they should take the money out of the check they are going to cut you. Buy a $1000 civic to drive around, spend some time parting the evo out, and presto two months later you trade in your $1000 car, the $7000 you made parting out the evo, and what's left of the original check for a new one.
My first evo was totally creamed and they wanted $5000 or so to get it back.
My first evo was totally creamed and they wanted $5000 or so to get it back.
Last edited by Impulsoren; Nov 29, 2005 at 03:27 PM.
Nov 29, 2005, 04:45 PM
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Originally Posted by Impulsoren
Dude, the insurance company is going to pay you for the car! Even after they pay off the loan you will get a check for more than $1600 (You can't owe more than $20,000 on an 04, right?) Tell them you want it back, they should take the money out of the check they are going to cut you. Buy a $1000 civic to drive around, spend some time parting the evo out, and presto two months later you trade in your $1000 car, the $7000 you made parting out the evo, and what's left of the original check for a new one.
My first evo was totally creamed and they wanted $5000 or so to get it back.
My first evo was totally creamed and they wanted $5000 or so to get it back.
That makes sense to me. I totalled out my accord (pretty much all cosmetic damage) this summer and a guy atwork wanted the car to fix up himself so he offered me money. But for the buyback on the insurance they just took out of the settlement that they originally quoted me.
Nov 29, 2005, 06:26 PM
#27
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Originally Posted by Impulsoren
Dude, the insurance company is going to pay you for the car! Even after they pay off the loan you will get a check for more than $1600 (You can't owe more than $20,000 on an 04, right?) Tell them you want it back, they should take the money out of the check they are going to cut you. Buy a $1000 civic to drive around, spend some time parting the evo out, and presto two months later you trade in your $1000 car, the $7000 you made parting out the evo, and what's left of the original check for a new one.
My first evo was totally creamed and they wanted $5000 or so to get it back.
My first evo was totally creamed and they wanted $5000 or so to get it back.
I financed the entire car with 0 down, ofcourse I have 800 credit score so I was paying 6% interest. I paid the car for 1 1/2 years at 580 dollars a month, the total value of the car.. 28K.. my loan.. 30K, GAP coverage pays the rest off.
I am getting so many offers, just recently a user PMed me here giving me a very considerate amount.
One thing for sure, I'm not going to be parting out my own car.. too much work, and I am extremely busy at work and holidays coming.
Nov 29, 2005, 06:36 PM
#29
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Originally Posted by ev08buoy
Unfortunetly.. I am left with a big fat 0..
I financed the entire car with 0 down, ofcourse I have 800 credit score so I was paying 6% interest. I paid the car for 1 1/2 years at 580 dollars a month, the total value of the car.. 28K.. my loan.. 30K, GAP coverage pays the rest off.
I am getting so many offers, just recently a user PMed me here giving me a very considerate amount.
One thing for sure, I'm not going to be parting out my own car.. too much work, and I am extremely busy at work and holidays coming.
I financed the entire car with 0 down, ofcourse I have 800 credit score so I was paying 6% interest. I paid the car for 1 1/2 years at 580 dollars a month, the total value of the car.. 28K.. my loan.. 30K, GAP coverage pays the rest off.
I am getting so many offers, just recently a user PMed me here giving me a very considerate amount.
One thing for sure, I'm not going to be parting out my own car.. too much work, and I am extremely busy at work and holidays coming.
