Totaled or Repairable???
07-21-2008, 09:54 AM
#61
Members
Join Date: Apr 2008
Location: London, UK
Posts: 30
Likes: 0
Received 0 Likes
on
0 Posts
just my two pennies worth but the roof looked a bit distorted to me. Doesn't take much to do that. Had it happen to me last year in a Ford. If it is and given the rest of it. It could well be totalled.
07-21-2008, 09:56 AM
#62
Contributors
Join Date: Oct 2007
Location: Thousand Oaks, California
Posts: 11,084
Likes: 0
Received 0 Likes
on
0 Posts
My Ride: 2008 550i Jet Black on Black Leather, SAT with Paddles, Logic 7, Comfort Seats, NAV, Sport Package, PDC, Xenons, Sirius, Trinity 12W LED Angel Eyes, RPi GT Exhaust, M rear spoiler, ACS Roof Spoiler, Tinted Tail Lights, Bimmian Carbon Fiber Pillar Trim, Bimmian Shadow 550i emblem, RPi Scoop, E60 Forum Cling, Mtec bulbs in fog lights, Mtec 2W LED for License Plate Light Bulbs, K&N Filter, Bimmian LED Smoked Side Markers, Blackout roundels, Carbon Fiber Kidney Grills.
Retired Rides - 1989 325i convertible, 1995 M3, 2002 X5, 2005 545i, 2008 X5 (Lemon)
Man this sucks! 
I'm glad to hear you and the growing family are all OKAY, and that the car did it's job in protecting you, so you could walk away from the accident. 
So assuming the car is totaled (and I hope it is), what's the next car going to be??? 
Perhaps an M to go with those wheels?? 
I'm glad to hear you and the growing family are all OKAY, and that the car did it's job in protecting you, so you could walk away from the accident. So assuming the car is totaled (and I hope it is), what's the next car going to be??? Perhaps an M to go with those wheels??
07-21-2008, 09:56 AM
#63
Senior Members
Join Date: Jan 2008
Location: Mount Laurel, NJ
Posts: 516
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by silver2000stang' post='629161' date='Jul 21 2008, 12:51 PM
i went to the hospital today and got checked out about 20 different xrays, everything is OK, so I shifted all the attention on getting the car totaled. I went to my salesman, sales manager and asked for their help. They actually called me this morning and left messages making sure I was OK, they were al little shocked when they got to work today and saw my car there.
I also spoke with the body shop manager, they did a preliminary report and put it at $16,000. But he is going to go back and check, he thinks that a frame rail may need to be replaced and if so the labor to remove engine/tranny etc. should push it to totaled.
I spoke to him about the effects of driving a repaired car, not to insult his mechanics, but the loss in value since there was such heavy damage. He said that if it isn't totaled that I should discuss "diminished value" with them.
I hope the sales dept really puts pressure on them to find every dollar they can to total it.
I also spoke with the body shop manager, they did a preliminary report and put it at $16,000. But he is going to go back and check, he thinks that a frame rail may need to be replaced and if so the labor to remove engine/tranny etc. should push it to totaled.
I spoke to him about the effects of driving a repaired car, not to insult his mechanics, but the loss in value since there was such heavy damage. He said that if it isn't totaled that I should discuss "diminished value" with them.
I hope the sales dept really puts pressure on them to find every dollar they can to total it.
I guarantee it will cost ALOT more than $16K. My preliminary assessment was $26K and after completion the total bill was $42K!!! They will not even get close to a decent assessment until they do a complete tear down.
07-21-2008, 10:09 AM
#64
Senior Members
Join Date: Jan 2008
Location: Mount Laurel, NJ
Posts: 516
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by advans' post='628658' date='Jul 20 2008, 03:44 PM
its probably not totaled. especially when the car is new.
they usually consider it totaled if the repair cost is higher than the current value of the car.
they usually consider it totaled if the repair cost is higher than the current value of the car.
It may not be totalled, but what you said about the repair cost having to be more than the current value is not accurate. Most insurance companies will total a car if the repair cost will exceed 75-80% of the car's value. They do this because there is always some wiggle room in the estimate which body shops always "tend" to underestimate initially.
07-21-2008, 11:29 AM
#65
Members
Thread Starter
Join Date: Jul 2007
Posts: 97
Likes: 0
Received 0 Likes
on
0 Posts
Thanks,
Brian
07-21-2008, 11:33 AM
#66
Contributors
Join Date: Feb 2006
Location: NY
Posts: 14,646
Likes: 0
Received 0 Likes
on
0 Posts
My Ride: 2008 Silverstone II E60 M5 2012 E70 AW X5 50i Sport w/ LCI Aero Kit and Rocker Panels
Wow, that's terrible. Glad to see that you are ok. I smell a lawsuit coming on. Take the guy that hit you for everything he has and buy yourself a new M5.
07-21-2008, 11:34 AM
#67
Senior Members
Join Date: Jan 2008
Location: Mount Laurel, NJ
Posts: 516
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by C's Bimmer' post='629247' date='Jul 21 2008, 02:33 PM
Wow, that's terrible. Glad to see that you are ok. I smell a lawsuit coming on. Take the guy that hit you for everything he has and buy yourself a new M5.
Please tell me that your advice is not serious!!!!
07-21-2008, 11:36 AM
#68
Contributors
Join Date: Feb 2006
Location: NY
Posts: 14,646
Likes: 0
Received 0 Likes
on
0 Posts
My Ride: 2008 Silverstone II E60 M5 2012 E70 AW X5 50i Sport w/ LCI Aero Kit and Rocker Panels
Originally Posted by jmsod' post='629248' date='Jul 21 2008, 03:34 PM
Please tell me that your advice is not serious!!!!
Well, only when it comes to Meets am I serious, which by the way, you should come to this Saturday! 
07-21-2008, 11:38 AM
#69
Senior Members
Join Date: Jan 2008
Location: Mount Laurel, NJ
Posts: 516
Likes: 0
Received 0 Likes
on
0 Posts
Originally Posted by C's Bimmer' post='629253' date='Jul 21 2008, 02:36 PM
Am I ever serious on this board? Well, only when it comes to Meets am I serious, which by the way, you should come to this Saturday!
Well, only when it comes to Meets am I serious, which by the way, you should come to this Saturday! I was hoping you were going to say that. I would love to come this weekend, but unfortunately I am working on Saturday.
Thanks for the invite. Have fun!
07-21-2008, 11:46 AM
#70
Members
Join Date: Jul 2008
Location: Cleveland, Ohio
Posts: 203
Likes: 0
Received 0 Likes
on
0 Posts
wow im sorry to see your car get banged up like that. Most of all im glad you are ok. Hopefully they will total it because you will lose a lot of value on that car if its fixed.