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Old 06-05-2020, 12:45 AM   #1
cnb1991
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Join Date: Dec 2016
Drives: 2013 FRS
Location: TX
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Hail Salvage Buy Back = Racecar?

About a week ago I took my baby in to get the rear bumper cover repaired. While at the shop, we had an insane hail storm roll through. I figured the shop would cover her up, or at least call me to come get her to put it in my nearby garage. When I got to the shop today I paid out and went to collect my car, and before I even got close I could see the hail damage. They didn't even f#&*ing tell me about the damage, just handed me the keys and told me to have a good day! Even worse, they said they were calling all of the other customers to come get their cars but failed to call me!

Anyways, I filed a claim today, which will likely result in a total loss. It's a stock 2013 FR-S Ultramarine m/t with 83k on the clock. I have always said I wanted to turn it into a pure track day toy one day, and I am wondering if that day has come....

I owe 4k, comparable vehicles (no damage) seem to be around 13k, my deductible will be $500 (covered by the shop), and salvage value is an unknown. I have Grand Marquis and a moto I could daily, but I want it road legal to drive to/from the track and maybe the occasional country side ripper.

My math is as follows:
Replacement Value (~$13,000) - Loan Payoff ($4,000) - Salvage ($?) = Track Day Build Budget! ($,$$$)

The question is, do I want a tame beauty, or a dented track day beast?

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