maybe but its a hassle id rather discount the entire thing if i sell it whole plus it comes with the tune...which the tuning i was doing on this car is phenomenal.

Not relevant. Mods don't add a whole lot of value and it's been wrecked hard enough to blow airbags. Either you'll sell it at a substantial loss or you can get most of your mods sold off and stop the bleeding. If that doesn't work, fix it or you can buy another Z and swap the parts over.

Okay, the engine nevertheless is still an engine, aftermarket or not. It has 875 miles and that's pretty much like a brand new car. The only parts that have a moderate amount of miles is the body and the interior. Almost everything else that makes the car run is new lol. So aftermarket or not, the main and critical parts are still fresh.

Also, I did some research on how insurance is calculated in California and found that it works of off the TLF (Total loss formula).
(Market price of current condition after accident) + (Total costs of repairs) > (Actual Cash Value of vehicle before Accident).

If the left side is greater or equal to the right side, my car gets totalled. If not, its returned to me.

A lot of the insurance companies go by %. Normally 10% of value. If the repair is less then 10% of the value of the vehicle, then the vehicle gets fixed. If the repair is greater then 10%. The vehicle gets totaled.

My brother in law at one time worked in a junk yard. When they got cars in. They would look at the insurance papers, the year of vehicle, mileage, and blue book price. If the vehicle was what they call a 10%er. It would get fixed with a R-title. The junk yard made a nice profit of of them. The vehicle was totaled by the insurance but just had enough damage on it to go over the % rule. The junk yard had all the parts needed to fix it usually.

Thats for states that go off a ratio.
California and 20 other states do not go off a set ratio.
They go off of what I stated in my previous post.
2 states go off of a 100% ratio.
Then from there some smaller states are like down to even as bad as 40 or 50% but I have not heard of 10%. That is a hard to believe number unless maybe you are i. a tiny city or something

https://www.google.com/amp/s/www.car...otal-loss/amp/

TLF states (21): Alaska, Arizona, California, Connecticut, Delaware, Georgia, Hawaii, Idaho, Illinois, Maine, Massachusetts, Montana, New Jersey, New Mexico, Ohio, Pennsylvania, Rhode Island, South Dakota, Utah, Vermont and Washington.

100 percent threshold (2): Colorado and Texas

80 percent threshold (3): Florida, Missouri and Oregon

75 percent threshold (16): Alabama, Kansas, Kentucky, Louisiana, Maryland, Michigan, Nebraska, New Hampshire, New York, North Carolina, North Dakota, South Carolina, Tennessee, Virginia, West Virginia and Wyoming.

70 percent threshold (5): Arkansas, Indiana, Minnesota, Mississippi and Wisconsin.

65 percent threshold (1): Nevada

60 percent threshold (1): Oklahoma

50 percent threshold (1): Iowa

That article doesn't really give you a lot of info.

what info are you seeking that isnt already explained lol

Do you have a reputable article stating where most insurance companies total a car if repairs exceed 10%?
Thats extremely hard to believe...making an average 20k car totaled if 2k repairs was needed >.<

It doesn't go into detail. Just gives you a general idea.

okay what detail are you looking for though.
like what info do you want to know that isnt on there
its pretty plain simple and clear to me if you ask me.

i mean to be fair, your 10% claim isnt very informative either other than speaking from your own experience...x.X

Update:

Car is set to be totaled, but they are just waiting on the callback from the totaling company to do a final evaluation of the vehicle if so.

Assuming the vehicle is totaled, and how I can use the money (or not use) that they pay out (estimated to be about 18k), I may or may not part out the car.

I am hoping they will allow me to use the money to (The Ideal Situation):
1) Buy back the car
2) Repair the car
3) Anything leftover if any at all, I can use to expedite the car payments

I mean I'm already paying off the car monthly anyway, so why does it need to be such a rush now to pay it off? I would much rather just repair it, buy it back, and then anything extra just use to expedite the loan.

But I dont know if triple AAA will allow me to do that or not
): Everyone i've spoken to so far doesn't know either...

If you are upside down on the car and have gap insurance, you shouldn't be paying anymore monthly payments on the car.

You can figure out what the insurance company will charge you for buy back. Then calculate the repairs and deduct the buy back from the insurance payment and see if the numbers are workable for you.

Welp. I suppose this situation could be more of a blessing than a curse then, if that's the case...

Okay. So looks like my best option if I want to keep the car is to:

1) Make use of GAP insurance
2) Take the insurance payout of 18k
3) Eliminate my loan altogether.
4) Keep the car as it is right now (damaged but difference is I own the entire vehicle now, and no loan is needed so I pretty much expedited the 54 months left I had to pay on it in one day at the tradeoff to keep the car in its damaged condition)

Disadvantages:
1) Need to find a place to store the broken car until I have the money to repair it which I will most likely need to pay rent for the space every day it's there (could be hella costly too)

2) I won't have a working car until I rack up the money to pay for reparations (I save X amount more than i am every month now because the whole loan is paid off so any monthly payment I was preivously doing goes to my pockets)

3) Find one place that can reliably fix the airbag damage properly + any body work as well for a reasonable price.

Do I have the process pretty understood now? xD

It doesn't work that way. You can only use the GAP if your car get's totaled. They will pay off the remainder of the loan. Be prepared for a wait of about 2-3 months before GAP pays up. If your car is totaled and you buy it back. GAP won't pay. The only way to get a new title is to have it inspected after it is fixed. You will then get a Salvage title if it passes the inspection. Not good for resale in the future and you won't pass with the A2A setup in California. So you have a couple of options.

1.) Let them total the car and they keep it. GAP insurance will pay off the amount left on the loan. (2-3 month process) You don't get to buy the car back.

2.) Let them total your car and you buy it back at a set dollar amount. GAP will not pay off the loan. You have it repaired and inspected, then apply for a Salvage title.

3.)Let them total your car and you buy it back at a set dollar amount. GAP will not pay off the loan. You part out the car and hope for the best.

You don't get to double dip so to speak. This is my understanding of it.

Dude, let it get totalled, gap pay it off and walk away debt free. You can always find another Z project.

Ian B

I left off this avenue.

4), Let them total your car and you buy it back at a set dollar amount. GAP will not pay off the loan. You transfer all the parts over to a newer Z and part out the rest.


Reality is you really need someone to help you that has a greater knowledge of the California laws or the insurance company will take full advantage of that lack of knowledge. If something happens to my car I will take #4.

Super shitty.

Part it out and let it go. Even if you fix it that car is never going to drive the same.

Why's that? :o

Yeah I should have been clear, you use gap if you are upside down on the car and walk away free and clear. If you choose to take the payment, you'll have to use it to buy the wrecked car as well as pay off the balance of the loan (they won't let you continue the loan on a totaled vehicle).

Had a similar situation happen to a friend a long time ago. His car was a Civic, but this was his process for a totaled car with aftermarket parts, including motor work:

- Car is in potential 'total' accident

- During negotiations with insurance company about what to do, how much they would pay, he gutted the ride. Craigslist replacements for EVERYTHING: he replaced the aftermarket seats, took out everything that wasn't bolted down to be used as resale and even dropped in a disconnected blown motor

- Car gets totaled by insurance and goes to crusher/junkyard

-Owner left with all parts worth something, to be sold or transferred to the replacement vehicle

Two different vehicles, but I am seeing similar circumstances. So what's stopping you from taking off your wheels and putting on some cheap 350z wheels, etc.?

Update:
Totaling company asked me for my aftermarket parts receipts.

Not sure if good or not lol.
I think that's bad!

I Sent them receipts lol thankfully a lot of them were digital

Update On Status of Car

So. Here's a quick update on what I did today and some information I found out about my car.

I called the financial institution in charge of my GAP insurance and they told me:
- The aftermarket parts will likely increase the value of the car on top of the initial estimate that the adjuster gave me of 18k. So depending on that, I may not even have to use GAP insurance which is good for them as a business lol.

- I also emailed my insurance company telling them that a majority of the aftermarket parts I have on the car at the moment is only 875 miles which hopefully should increase the value of the car as 875 is still brand new

- I guess i purchased an extended warranty on the car for like $2800, and since I only had the car for like 11 months so far, they will cancel that extended warranty and give me that money back, so I could come out with more cash than initially thought because of the things I purchased on the car initially (Extended Warranty & Aftermarket parts)

- They said that they received the emails I sent about the receipts and get back to me after he gets a chance to look at them

- My insurance company said there will definitely be a buy back option if I so choose to after the total loss is deemed on the car, and that I can either buy it back at salvage value which would then be deducted from the Insurance payout and then I pay the difference between that and the car value or just let them take the car and take the face value cash for it, which I'm not going to do, since I want the car back.

The only way I'm going to let them keep it is if they gave me a hefty amount for the car since the car has so many after market parts in it which probably wont happen but if it does, then I'll say keep it and I buy a different car

- Any money I pay for payments on the car starting from July 3rd (Date of accident and date it was reported) is going to be refunded back to me after all is said and done.

- GAP insurance takes 30 - 45 days to take effect and since I already notified them today, those 30 - 45 days start today.

GOOD NEWS & BAD NEWS FOLKS
-----------------------------------------------------
Good news: Insurance called me and said they increased the value of the car by 3k due to finding out how many miles is on the car. They had forgotten to factor that in, so now the entire value of the car increased to 23.4k versus the initial estimate of 20.4k.

Bad News: I am highly likely going to cancel all reservations on the aftermarket parts and keep the car, transfer it all the a different body Z and continue on with my journey to 700 whp as originally planned. I just can't do anything stupid or risky again or this will happen again. (IE: Put different tires on front and back with a huge size difference + go boost = caused my accident in the first place)

I hope you guys are happy for me, it's really great news for me.
After all is said and done (refunds from A, B, C etc.) I come out on top of about +600 dollars, whole car is paid off, and I get to keep the car (after buy back price and still on top with 600)

Just waiting for insurance to give the green light.

Please don't flame me for this T_T


I will be back in action in 2019 lol.

Pretty good outcome and good luck with the rebuild!

Thanks man!
I am definitely excited haha

For sure, good luck with your new project. This has been quite a ride for you.

Best part is I'm going to be able to bounce back from this in a positive way.
- Car all paid off now (54 months of 411.38 payments have been instantly expedited)

- I buy back car for 4.3k and STILL have surplus of $600

- I met so many cool people along the way so far (especially from this forum even if only online interactions)

- I learned a plethora of knowledge about how car insurance, auto claims, total loss process works so now I can help others if needed, I almost feel like I could become an auto adjuster myself Lol

- I will definitely document everything that happened to add to my timeline thread, haha. Will be cool to look back and see how I bounced back, also an awesome story to share with others in the future!

Glad it is working out. Did your GAP insurance pay anything? You are doing what I would do if it happens to me via my fault or someone else's.

Nah I didnt have to use gap so I called them this morning telling them that I am cancelling it and getting a refund on it since the insurance is paying 23k ish and I owe 22.2k hah

For those of you following the build!
Check out the OP, for latest timeline update.

It includes the rough numbers I received from Insurance on why I came out on top!
Pretty good if you ask me (:

Thanks for following my build guys and supporting me!

<3 On to 700 WHP we go0o0o0oooo!!!!

Maybe the next go around you'll have a little more respect for the power that the car is making rather then testing the boost on a car that you already had deemed unsafe to drive.

:iagree:

:iagree:
I was thinking of that. But never posted it.

I appreciate it. But it was a tire issue. Not a power issue. Traction issue...

Traction starts in the right foot. :driving:

I think that was the point. You have learned a valuable lesson the hard way like most of us do. Every one of us has done STUPID from time to time. It happens. I sure wasn't going to preach to ya about it. Be careful. This could have been much worse.

This comes to mind too... "To Thine Own Self Be True" :tiphat:

More like what Clint Eastwood said in Dirty Harry..."A man has got to know his limitations!"

Sent from my SM-G965U using Tapatalk

Well.
Life has given me a 2nd chance.

The car salesman was very smooth and honest about everything -- also has good humor!

I bought this vehicle today. And I will definitely mark it in my timeline.

Nissan 370z, 2009, ~92k miles.

This will be the new body of all my aftermarket parts transfer (whenever that can happen).

Thanks to everyone supporting me, especially my parents who sealed the deal on me being able to get the car.

Funny story:
I was at the shop and as I was purchasing the car, he was telling me that a lot of people were inquiring about this exact vehicle (e-mails & calls) but they all didn't qualify or didn't come in on time.

As soon as I bought the car, he got a call from a customer who asked about this vehicle, and he said "sorry, which vehicle were you asking about?" as he put the customer on speaker phone (This was to show me that a ton of people were inquiring about this vehicle)

And he said it was just sold 1 hour ago, so pretty much telling him he's too late.

I thought that was pretty funny.

They had just lowered the price by 2k two days ago, which is partly why this car was getting so much interest.

Anyways, I'm glad I got a 2nd Z now I have two of them (one damaged and not working properly)

This came with paddle-shifters!

It also has a binder of the history of all the maintenance and things done on this vehicle in the past, and a touch screen navigation / radio system! Things I didn't have in my previous Z.

I feel obligated to keep the history binder going! It will be something cool to look at in the future.

It does not have the backup mirror camera or the remote control as part of the mirror, but that's okay, I may be able to transfer that from my old Z!

Anyways, shes' a beautiful car! :D

How old are you old? You look to be about 12 yrs old. :rofl2:

Your story continues now.