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Old 04-10-2009, 10:37 PM   #19
supmet
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Drives: 2007 4 Door Yaris
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Quote:
Originally Posted by jkonrath View Post
He did give a total guess estimate of 8-9K - not sure how close that is with the insurance company, but I hope they can work with me, maybe get some used parts, and not total it. I am hoping they say the car is worth $12K and work with me.
ROFL

9 grand in repairs on a car that costs 11? That's the stupidest thing I've heard in a while. The KBB value of totaled and repaired yaris won't even be 9000. (even if it was, nobody would pay that much because there's 100s of used yarii out there that haven't been wrecked and are 9-10 grand)

Tell them to keep the car and give you 11 grand. Pay off your loan and put the rest of the money down on a new one.

edit: if they make you fix it, tell them you want to go to a different mechanic. Even if the insurance is paying, that mechanic is a money grubbing bastard, and that usually doesn't equate to quality work.
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Old 04-10-2009, 10:42 PM   #20
SailDesign
 
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Originally Posted by supmet View Post
ROFL

9 grand in repairs on a car that costs 11? That's the stupidest thing I've heard in a while. The KBB value of totaled and repaired yaris won't even be 9000. (even if it was, nobody would pay that much because there's 100s of used yarii out there that haven't been wrecked and are 9-10 grand)

Tell them to keep the car and give you 11 grand. Pay off your loan and put the rest of the money down on a new one.

edit: if they make you fix it, tell them you want to go to a different mechanic. Even if the insurance is paying, that mechanic is a money grubbing bastard, and that usually doesn't equate to quality work.
Hmm.. My '07 just got totalled, and the insurer doesn't use KBB, they use NADA, which made my 30,000 mile '07 hatch worth 10,300. Since I owed 9,500-ish, i was pretty frikkin' happy with that. Dropped $700 value in 2 years.....
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Old 04-10-2009, 10:53 PM   #21
supmet
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Originally Posted by SailDesign View Post
Hmm.. My '07 just got totalled, and the insurer doesn't use KBB, they use NADA, which made my 30,000 mile '07 hatch worth 10,300. Since I owed 9,500-ish, i was pretty frikkin' happy with that. Dropped $700 value in 2 years.....
10,3 before it was totaled.. No one is gonna shell out 10 grand for a wrecked and repaired yaris
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