They told me the damage estimate was too high to repair. (over 75% of
the agreed value)
They asked me if I wanted it. I told them yes. So they told me I
would have to match their highest of three bidders.
They called around town to the local salvage yards to see who would by
a 30 year old wreck.
One guy offered them $300 for it. No one else wanted it.
So I said I wanted to buy it for the $300 and it was done. They sent
me a check for the agreed value, minus $300 and a notification of
cancellation of my policy as the car was now wrecked.
(I had to reapply and was denied. I will try again when I am beyond
the years that they ask about accidents.)
On a side note, I know the guy who offered $300, and am glad he didn't
know what car it was. He had gone though and rebuilt my O/D the summer
before for about $600.
Parts alone put the car way beyond the $300, so it was worth it to me
even if I did replace rather than repair.
Which sometimes I wonder if it wouldn't have been a better idea... But
I know what I have, and that is worth a lot as well. Just things to
consider.
On Tue, 19 Nov 2002 20:16:31 -0800 (PST), JAMES SCHULTE wrote:
>Andrew,
>Can you explain how you bought it from them in case I
>might have to?
>Jim
--
Andrew Lundgren
lundgren@byu.net
http://www.Lundgren.us
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