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-   -   Wrecked... (http://www.the370z.com/nissan-370z-general-discussions/29382-wrecked.html)

frost 12-22-2010 06:42 PM

Quote:

Originally Posted by jamesleerpc (Post 862763)
Hows my car only worth 15-20k? Its worth 42.6k and i only had 1800 miles on it. and can you explain what you mean by "insurance company would just write it off?" Sorry this is my first wreck and i am really shocked.

If they were to write you a check, it would be for what they call "black book value" which is what your particular car is selling for your area. So, if you go to autotrader, look for what your car is going for, average it out, that's the check they are going to write you.

Hope you got GAP insurance at the dealership, or through your own insurance.

spearfish25 12-22-2010 06:44 PM

Given my recent experience, I'd guess you're looking at $15-20k, more if the motor took a whack. Most insurance companies won't total a car unless the damage is 70-80% of the value. Unless the motor needs to be replaced or there is serious frame or suspension involvement, you're looking at a repair.

frost 12-22-2010 06:44 PM

Quote:

Originally Posted by kgreen (Post 862792)
sorry man but your car is not worth 43k. Go to KBB.com and see what your car is worth with your mileage. By write-off he means totalled. Write u a check for what its worth and ur done.

Quote:

Originally Posted by Snakes709 (Post 862802)
Blue book on the cars is like 35,000. If the damage comes close, too or over that amount. They will write the car off. The guy that bought my supercharged cobalt blue booked at $10,000. He got in a wreck that was repairable but was going to cost approx $11,000....the insurence company wrote it off.

From someone who has had to go through this a couple times (on the receiving end of a collision), most insurance companies are not going to give blue book without putting up a fight.

m4a1mustang 12-22-2010 06:47 PM

Blue book is all out of whack for these cars. Try getting blue book on your trade or private sale... not gonna happen.

Trips 12-22-2010 06:49 PM

I'd suggest going thru the insurance process to see what its really going to cost, Instead of asking for estimates with a pic or two?
Sorry to see this and glad you're ok. The Z will get fixed and made like new or not. Just make sure your Happy when the bodyshop is done. Good Luck :tiphat:

Snakes709 12-22-2010 06:49 PM

I got close to blue book for my 09 370z touring. It had 16,000km on it and had some cosmetic damage to it. Car was going for $35,000, they gave me $30,000

jamesleerpc 12-22-2010 06:49 PM

Quote:

Originally Posted by frost (Post 862803)
If they were to write you a check, it would be for what they call "black book value" which is what your particular car is selling for your area. So, if you go to autotrader, look for what your car is going for, average it out, that's the check they are going to write you.

Hope you got GAP insurance at the dealership, or through your own insurance.

Yes I do have GAP insurance. Also, looking at KBB do i look at how much i would get if i traded the car or what? because if i look at how much i would get it is around 35k

frost 12-22-2010 06:50 PM

Quote:

Originally Posted by m4a1mustang (Post 862810)
Blue book is all out of whack for these cars. Try getting blue book on your trade or private sale... not gonna happen.

That's exactly the argument they gave me: "Why would I give you $28k for your car (what KBB listed it as) when there are people selling it for $18k in auto trader?"

That was geico, I ended having to sue them. And then my story with state farm was very similar.

jamesleerpc 12-22-2010 06:51 PM

Quote:

Originally Posted by Triple's (Post 862815)
I'd suggest going thru the insurance process to see what its really going to cost, Instead of asking for estimates with a pic or two?
Sorry to see this and glad you're ok. The Z will get fixed and made like new just make sure your Happy when the bodyshop is done. Good Luck :tiphat:

See thing is that i dont know if my parents want to repair the car if there is a chance of it being totaled. I had more pictures but i guess my phone didnt save all of them. Those are the only pictures i have. I am sorry

m4a1mustang 12-22-2010 06:51 PM

Quote:

Originally Posted by frost (Post 862821)
That's exactly the argument they gave me: "Why would I give you $28k for your car (what KBB listed it as) when there are people selling it for $18k in auto trader?"

That was geico, I ended having to sue them. And then my story with state farm was very similar.

I was thinking only a couple thousand under KBB value. :icon17:

m4a1mustang 12-22-2010 06:52 PM

Quote:

Originally Posted by jamesleerpc (Post 862823)
See thing is that i dont know if my parents want to repair the car if there is a chance of it being totaled. I had more pictures but i guess my phone didnt save all of them. Those are the only pictures i have. I am sorry

If it is totaled dude the car is not being repaired. And whether it gets repaired or not determines on what the insurance company decides. :facepalm:

Jamaica 12-22-2010 06:53 PM

Dude thagts an easy 10k worth of work. I hope there is no frame damage could be more

frost 12-22-2010 06:55 PM

If you have GAP insurance, it really doesn't matter what they would give you for the car, GAP will pick up the tab.

Trips 12-22-2010 06:56 PM

I just saw those pics maximized, and the conclusion is its probably a write off!!

AllForTheCash 12-22-2010 06:59 PM

Quote:

Originally Posted by m4a1mustang (Post 862669)
That's way beyond $10k. One of our Mid-A members took a hit in his right front corner that didn't look as bad as that and the total repair bill was a little over $20k.

I agree over 10K easily.


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