question about totaled car

[Tricky1980]

OK well my monday was just WONDERFUL i hit a lady going 9mph BUT it was an 87 f150 pickup and her TRAILER hitch went right through my grill and got my hood bumper, righthead lamp, radiator and basically all supports upfront.. initial estimate was 4700 and now they are thinking of totaling my baby... so i was wondering if they do.. HOW do i get it back.. who do i need to talk to and so on? im so lost and no one seems to know what im supposed to do.. the insurance guy is just saying tough luck we will pay off your 2400 loan that is left.. and call it even.. there is NO WAY that my car is worth only that.. i only have 63000 miles on my 95 .. i need some help from all you guys help save my baby!
jay

[riot]

Well, I had a similar situation...I'll try and help ya out here...this is what happened to me. I bought my car for $3500 cash. About 6 weeks later I totalled it into the back of an explorer. I wanted to keep the car so bad and the damage wasnt too bad. The insurance company claimed it a total loss and told me that the value of my car was around $5000 with tax and all this other ****. Take off a $500 deductible I was looking at $4500 cash coming back to me. I asked him how much would it cost to keep the car. He said "well let me look" and then he called me back and said "$500"...so I said "how does this work?" He explained that when I pick up the check for the car I just sign a little waiver that says I kept the car, etc. Easy as that. I have state farm insurance.

If your insurance is only going to pay off your loan they are pulling your ****ing leg and DONT let them get away with that. DEMAND more money or better yet AT LEAST KBB.

If you need any help let me know.

-ryan

[Jeff240sx]

A quote from my uncle... "Threaten them with lawyers."
The KBB for that car should be about $6k at least. I have a '96 and it's listed at $7880 with 93k miles on it.
-Jeff

[gfisch]

If its totalled, you have to talk to your insurance agency to get it back.
I bought my '95 back cheap after it was totalled. Actually worked out well to, parted it out and bought a '97 240 w/ the insurance money and cash from the parts.
Oh, and as for insurance money, i don't know about your company, but I got $10k for my '95 w/ 40k miles about a year and a half ago as a reference.

[240silvia]

Did you say $4,700??? That's an awful lot for that kind of damage. I T-Boned a girl, (not my fault) and I couldn't even move my car off of the street. The WHOLE front was screwed. That's when I did my conversion. Well, all I'm trying to say is, $4,700 is a lot, like the other guy said, lawyers is the way to go.

[DRO916]

:( :( :( :( :( :(