Anybody ever buy a totalled car back from insurance company?
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Joined: May 2002
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From: Sacramelto, home after 10 years in Texas
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.
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.
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.


