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Re: Murphy's Law

To: David Councill <dcouncil@imt.net>,
Subject: Re: Murphy's Law
From: JAMES SCHULTE <schultejim@prodigy.net>
Date: Wed, 20 Nov 2002 08:41:16 -0800 (PST)
David thanks again.  That was a big help to me
personally and adds amunition if needed.
Jim
69C restoration
70B in body shop
99 Mystique in body shop
--- David Councill <dcouncil@imt.net> wrote:
> James,
> 
> Just go here -
> http://www2.nadaguides.com/
> Then to classic cars, pricing, import cars "M"....,
> anyway a few links 
> later, you will have Nada's take on your car. It
> should be all you need to 
> deal with the insurance company - its either they
> fix it or they give you 
> what its worth then you can buy another one instead.
> 
> In my case, I took my reimbursement to buy two MGs,
> a 65 MGB with rust and 
> a 72B shell with lots of spare parts including a
> hard top. So now my 71BGT 
> is being reborn as a 72B.
> 
> Nada says -
>   1970 MGB MARK II    Model: 2 DOOR ROADSTER 
> Weight: 2,303  Manufacturer's 
> Suggested Retail Price: $2,875  Low Retail: $3,975 
> Average Retail: 
> $6,625  High Retail: $15,125
> 
> David
> 
> At 02:40 AM 11/20/2002 -0800, you wrote:
> >Thanks Dave!
> >--- David Councill <dcouncil@imt.net> wrote:
> > > James,
> > >
> > > I think its just a part of the settling with the
> > > insurance company. Two
> > > years ago, when my son wrecked my 71BGT (other
> > > driver ran into him, her
> > > fault), I had the car towed home so it never
> left my
> > > possession. Once the
> > > insurance agent started assessing damages, he
> > > decided to total it once he
> > > got up to $1400 in repairs (and not adding up
> all
> > > the parts involved).
> > > I  insisted on  a settlement where I kept the
> car to
> > > repair it, using NADA
> > > book values to bolster my argument that I needed
> > > compensation to cover
> > > repairing the car. I got $2000 for the damage
> which
> > > was applied to my quest
> > > to get a roadster. I stripped all the usable
> parts,
> > > most which are now in a
> > > 72B I am rebuilding.
> > >
> > > At the time, I was wary about the insurance
> company
> > > giving me a fair
> > > settlement but they were reasonable. Its fairly
> easy
> > > to establish the
> > > actual (realistic) value of our MGs through NADA
> as
> > > well as through various
> > > online markets like Ebay. So odds are good that
> you
> > > will be able to get a
> > > reasonable settlement from the insurance
> company.
> > >
> > > David Councill
> > > 67 BGT
> > > 72 B
> > >
> > > At 08:16 PM 11/19/2002 -0800, JAMES SCHULTE
> wrote:
> > > >Andrew,
> > > >Can you explain how you bought it from them in
> case
> > > I
> > > >might have to?
> > > >Jim
> > > >--- "Andrew B. Lundgren" <lundgren@byu.net>
> wrote:
> > > > > my guess is that they will total your B. 
> They
> > > did
> > > > > mine.  I bought it
> > > > > from them and repaired it.  They never got
> the
> > > car
> > > > > from me.

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