View Single Post
Old 06-05-2020, 10:33 AM   #5
ToySub1946
Senior Member
 
ToySub1946's Avatar
 
Join Date: Oct 2014
Drives: 15FRS, 05MustangGT, 85Toyota truck
Location: Eureka, Ca.
Posts: 573
Thanks: 672
Thanked 590 Times in 279 Posts
Mentioned: 5 Post(s)
Tagged: 1 Thread(s)
Is your insurance company going to total it for sure ?

Buy it back from the Insurance company for their perceived salvage value.

Then decide if you want to keep it or sell it.

You can easily sell it for more than the salvage value.

(Salvage value they figure is usually lower than actual).

If in doubt, part it out.

Overall it's usually a win win for you...if you have a place to park it.

Since it still runs and drives...no problem parking it anywhere for a while.

The only negative I see...Usually, if you continue to drive it, the insurance will then only cover liability.

That could also be a win...dropped collision and comp means a lower rate.

Last edited by ToySub1946; 06-05-2020 at 10:49 AM.
ToySub1946 is offline   Reply With Quote