Notices
Gulf RX-8 Forum Serving TX, OK, AR, LA, MS

04 Total Loss Advice

Thread Tools
 
Search this Thread
 
Rate Thread
 
Old 03-12-2016, 09:28 AM
  #1  
New Member
Thread Starter
 
Turman-ator's Avatar
 
Join Date: Sep 2015
Posts: 9
Likes: 0
Received 0 Likes on 0 Posts
TX 04 Total Loss Advice

I hope I found the right spot. My son got rear ended a couple days ago and considering the cost of parts and repair that exceed $4700, it looks like a total loss. Other person has insurance so it's completely on them. Problem is, as I've kind of seen, is I'm worried about if/how bad they will try and stiff me on the value.

When I look online for something similar, I, obviously fine a very strong line between the upper end ones and the bottom. That being running versus not running, or the gray area ones, where it states clearly in the ad that it "has issues".

What I'm replacing is an automatic, loaded out with everything, 04. It has 146k, and a motor that was replaced under warranty with 72k on it. It ran fine with the typical RX8 issues such as flooding if you shut off cold (incidentally, told the body shop to let it warm before shut off. They didn't and had to de-flood it).

So, I'm wondering what kind of battle I'm going to have over value. Fortunately haven't put a lot of upgrades, but in the past 6 months or less we put in a 2.0 starter, new coils, wires and plugs, new motor mounts, and new radiator.

I've considered what others have done which is just buy it back at salvage. Considering EVERYTHING forward is perfectly fine (it only damaged the rear panel, bumper cover, tail lights (well, they fill with water now), and the muffler along with the intermediary pipe.
Old 03-12-2016, 10:46 AM
  #2  
New Member
Thread Starter
 
Turman-ator's Avatar
 
Join Date: Sep 2015
Posts: 9
Likes: 0
Received 0 Likes on 0 Posts
Oh, it's a Grand Touring package. For what it's worth....
Old 03-14-2016, 09:07 AM
  #3  
Registered
 
kbrewmr2's Avatar
 
Join Date: Feb 2011
Location: Houston, TX
Posts: 326
Likes: 0
Received 0 Likes on 0 Posts
Until you get the first offer you don't really know how much of a fight you have on your hands.

Try and be amicable as possible, but don't be a doormat either. See what the starting offer is and go from there...
Old 03-14-2016, 09:27 AM
  #4  
Registered
 
Love_Hounds's Avatar
 
Join Date: May 2014
Location: CT
Posts: 434
Received 20 Likes on 20 Posts
Also, a good engine with healthy starter and ignition components, won't flood or at least should be really resilient to flooding.
Old 03-14-2016, 10:18 AM
  #5  
SARX Legend
iTrader: (46)
 
9krpmrx8's Avatar
 
Join Date: Jan 2007
Location: San Antonio, Texas
Posts: 33,784
Received 452 Likes on 366 Posts
You can always negotiate, they will typically work with you. My daughter wrecked my Cherokee a few months back and I had just put a **** ton of work into it (tires, wheels, suspension, new complete AC setup, new seats, etc) and they gave me most of the money for all that.

But a high mileage 2004 auto RX-8 is largely worthless. If they give you blue book you are doing very well.
Old 12-31-2016, 01:06 PM
  #6  
Registered
 
StephZoom's Avatar
 
Join Date: Mar 2008
Location: Olney, MD
Posts: 42
Received 4 Likes on 4 Posts
I'm in a similar situation with a 2004 manual. I was quoted $3,900 of body repairs for a low speed collision the other driver caused. His insurance is accepting liability but wants to total the car. Besides the negotiation about value, what concerns me is that a similar car I could buy to replace this one can't be found in a 50 mile radius. At least in Maryland, the liable insurance must base their estimate on a quotation from a reputable reseller who would actually sell me an equivalent car for the money they will give me. I don't think that's likely to cost less than $3,900.
I'm curious to know what happened in your case.
Related Topics
Thread
Thread Starter
Forum
Replies
Last Post
potatochobit
New Member Forum
14
04-13-2016 12:14 AM
Third8
New Member Forum
72
02-27-2016 12:56 PM
ali123
New Member Forum
6
02-22-2016 12:48 PM
jgroover9
New Member Forum
13
02-19-2016 05:45 PM
ugabuga
RX-8 Parts For Sale/Wanted
3
02-16-2016 08:53 AM



You have already rated this thread Rating: Thread Rating: 0 votes,  average.

Quick Reply: 04 Total Loss Advice



All times are GMT -5. The time now is 08:37 AM.