lbhsbz
Putting on the brakes
- Joined
- Jan 11, 2010
- Messages
- 11,803
- Reaction score
- 28,990
The truck/stolen cats saga continues...I'll be dropping Farmers like a hot fucking rock in the next week.
First repair estimate came in at $3700 (less my $1000 deductible), and the claims rep who called was really trying to get me to set up direct deposit so they could "settle today" I looked over the estimate and it referenced not only discontinued part numbers, but part numbers for a different vehicle.
The "revised" estimate was received today...about $10K. This time it includes only one incorrect catalytic converter, but also another $1500 worth of parts and labor that have nothing to do with the damage to the vehicle...just "extra" I guess.
My estimate (or cost) that I wrote up using the same pricing structure that Farmers uses is $7400, minus my deductible...they would owe me $6400. So that's what I asked for, they said no and the truck is a total loss.
My options:
Let them total it and pay me $10K, buy back the truck for $1500, deal with all the bullshit involved with getting it re-registered, inspected, etc...and have a salvage title attached to it for ever, and fix it myself (I already have all the parts ordered)
Cancel the claim and eat the cost to fix it (no parts or labor profit/markup involved by repair shops, so the actual parts cost is roughly $3500). I'll be back up and running by next week if I choose this way, and the truck retains a clean title, and I know the history of it.
truck is a 2002 Silverado 1500HD w/ 120K miles...there is no way I'm finding an equivalent replacement for this anywhere near the $10K value they're putting on it.
Thoughts?
First repair estimate came in at $3700 (less my $1000 deductible), and the claims rep who called was really trying to get me to set up direct deposit so they could "settle today" I looked over the estimate and it referenced not only discontinued part numbers, but part numbers for a different vehicle.
The "revised" estimate was received today...about $10K. This time it includes only one incorrect catalytic converter, but also another $1500 worth of parts and labor that have nothing to do with the damage to the vehicle...just "extra" I guess.
My estimate (or cost) that I wrote up using the same pricing structure that Farmers uses is $7400, minus my deductible...they would owe me $6400. So that's what I asked for, they said no and the truck is a total loss.
My options:
Let them total it and pay me $10K, buy back the truck for $1500, deal with all the bullshit involved with getting it re-registered, inspected, etc...and have a salvage title attached to it for ever, and fix it myself (I already have all the parts ordered)
Cancel the claim and eat the cost to fix it (no parts or labor profit/markup involved by repair shops, so the actual parts cost is roughly $3500). I'll be back up and running by next week if I choose this way, and the truck retains a clean title, and I know the history of it.
truck is a 2002 Silverado 1500HD w/ 120K miles...there is no way I'm finding an equivalent replacement for this anywhere near the $10K value they're putting on it.
Thoughts?