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Anybody ever buy a totalled car back from insurance company?

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Old May 19, 2011 | 09:11 AM
  #1  
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Tobra
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From: Sacramelto, home after 10 years in Texas
Default Anybody ever buy a totalled car back from insurance company?

If anyone has had a car totalled and got it back from the insurance, how did that work? Does it cost some percentage of car's value or what?

Also, what is a GSR motor and transmission worth, including all the computer and everything? that is all I would really want out of it, probably the seats too I guess, maybe put the suspension that is undamaged on the VX too.
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Old May 19, 2011 | 09:27 AM
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I bought my GSR back after they totaled it due to theft. I got it back for $700 and I'm still driving it 5 years later.
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Old May 19, 2011 | 09:33 AM
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can't answer the second question but as far as the first, i believe it is either a percentage or a number derived from salvage price and/or what they think they can get at auction for it. it's been a while but i don't remember what it was. in my experiences, if the car was worth 5k and they wanted, say, $1k to buy back plus maybe a $1k deductible was, they'd simply give me the car back and a check for $3k (the value minus the buy back price minus deductible). those are just example numbers.

Last edited by spanky; May 19, 2011 at 09:35 AM.
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