Nissan 370Z Forum

Nissan 370Z Forum (http://www.the370z.com/)
-   Nissan 370Z General Discussions (http://www.the370z.com/nissan-370z-general-discussions/)
-   -   Wrecked... (http://www.the370z.com/nissan-370z-general-discussions/29382-wrecked.html)

jamesleerpc 12-22-2010 07:00 PM

So with GAP whats the price that is considered the car worth? For instance: KBB says my car is worth around 35k and if insurance pays 30k then GAP pays 5k? And if this is true, who determines what the car is really worth ?

sonic370 12-22-2010 07:01 PM

sorry to hear and see that. it looks pretty bad i'll throw my bid in at 18,000 to 20,000. you don't won't to hear this but if it was mine i would pray for it to be totaled. imo from the looks of it just judging by the pics,i hope you find a damn good body shop..............

theDreamer 12-22-2010 07:02 PM

Quote:

Originally Posted by jamesleerpc (Post 862844)
So with GAP whats the price that is considered the car worth? For instance: KBB says my car is worth around 35k and if insurance pays 30k then GAP pays 5k? And if this is true, who determines what the car is really worth ?

GAP is for your loan.
Say you owe 35k on the car.
Insurance pays you 30k.
GAP gives you 5k to cover the rest of your loan.

kgreen 12-22-2010 07:02 PM

no ur LOAN amount...if owe 30K and the insurance gives u only 25K..gap insurance covers that 5K

frost 12-22-2010 07:03 PM

Quote:

Originally Posted by theDreamer (Post 862849)
GAP is for your loan.
Say you owe 35k on the car.
Insurance pays you 30k.
GAP gives you 5k to cover the rest of your loan.



Right, and since there is a sport 370z in your area going for $26k, I don't think they will give you much more than that.

jamesleerpc 12-22-2010 07:04 PM

Quote:

Originally Posted by sonic370 (Post 862847)
sorry to hear and see that. it looks pretty bad i'll throw my bid in at 18,000 to 20,000. you don't won't to hear this but if it was mine i would pray for it to be totaled. imo from the looks of it just judging by the pics,i hope you find a damn good body shop..............

Bullit recommended Artcraft Collision. I checked it out and it is 2 hours away. Just wondering though why would you want the car to be totaled? Like what would you do with the money? Personally, because this is in my best interest, i dont want the car to be totaled because if there is a chance to fix it we (my parents and i) would probably fix it. If it is totaled then i doubt my parents would get me a car half the price.

jamesleerpc 12-22-2010 07:04 PM

Quote:

Originally Posted by frost (Post 862854)
Right, and since there is a sport 370z in your area going for $26k, I don't think they will give you much more than that.

I have touring and nav though.

m4a1mustang 12-22-2010 07:08 PM

Quote:

Originally Posted by jamesleerpc (Post 862856)
Bullit recommended Artcraft Collision. I checked it out and it is 2 hours away. Just wondering though why would you want the car to be totaled? Like what would you do with the money? Personally, because this is in my best interest, i dont want the car to be totaled because if there is a chance to fix it we (my parents and i) would probably fix it. If it is totaled then i doubt my parents would get me a car half the price.

Diminished value. A car that has a wrecked history has extremely low resale value.

frost 12-22-2010 07:09 PM

Quote:

Originally Posted by jamesleerpc (Post 862859)
I have touring and nav though.

Those are the details you may end up having to fight out. I had to argue that my camaro was an SS and not the cheaper Z28.

jamesleerpc 12-22-2010 07:11 PM

Quote:

Originally Posted by frost (Post 862867)
Those are the details you may end up having to fight out. I had to argue that my camaro was an SS and not the cheaper Z28.

Do those insurance faggots try to cheat you out of your money like that? wow then again if i have GAP that covers any BS that the insurance plays right?

jamesleerpc 12-22-2010 07:12 PM

Quote:

Originally Posted by m4a1mustang (Post 862866)
Diminished value. A car that has a wrecked history has extremely low resale value.

I may sound really dumb for this. But i heard from a friend who wrecked his Bimmer that you can get your car repaired like to original quality and that the price doesnt drop or something. I may have misheard but do you know what i am talking about?

m4a1mustang 12-22-2010 07:12 PM

Quote:

Originally Posted by jamesleerpc (Post 862879)
I may sound really dumb for this. But i heard from a friend who wrecked his Bimmer that you can get your car repaired like to original quality and that the price doesnt drop or something. I may have misheard but do you know what i am talking about?

Your friend is a moron.

frost 12-22-2010 07:13 PM

Quote:

Originally Posted by m4a1mustang (Post 862883)
Your friend is a moron.

:iagree:

jamesleerpc 12-22-2010 07:14 PM

Quote:

Originally Posted by m4a1mustang (Post 862883)
Your friend is a moron.

:icon18:
Well put then

Trips 12-22-2010 07:14 PM

Quote:

Originally Posted by m4a1mustang (Post 862883)
Your friend is a moron.

Quote:

Originally Posted by frost (Post 862888)
:iagree:

:iagree:


All times are GMT -5. The time now is 08:56 PM.

Powered by vBulletin® Version 3.8.4
Copyright ©2000 - 2025, Jelsoft Enterprises Ltd.
Search Engine Optimization by vBSEO 3.6.0 PL2