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Old 05-07-2009, 05:20 AM
 
Location: Yucaipa, California
8,315 posts, read 10,063,183 times
Reputation: 4590
Default Did i get my moneys worth out of my car

I have a 90 Tbird that was "totalled" by the at fault ins co. They gave me $2,036.00 plus i retained possesion of the car. I purchased the car nearly 6 yrs ago (7-02) for $2,000.00 & i have put on only 12,400 miles & put $1,200.00 into car. Thats a total of $3,200.00 . Would you say i got my moneys worth out of the car & i broke even ?

The car runs great but in 8-09 i plan to put a nonop on it & drive my 85 olds. I just dont want to put anymore money into the Tbird ( estimate a few thousand) plus its going to be a salvage vehicle & the ca dmv/state wants their big piece of the pie. In the future i may re-register the Tbird (doubt it tough), fix it up & pay all the crazy fees plus get a $90.00 brake/lights inspection.

The tbird pwr windows dont work plus i need a motor mount,muffler & a/c condensor is noisy ( going out). Just to fix all that except the a/c is around $600.00. It will cost me much less just to fix up my 85 olds delta 88. Im just being realistic. The Tbird also has a bad oil leak. I lose 1 quart of oil every 500 miles. The 90 Tbird has 138,400 miles & the 85 olds has 117,300 miles.

Heres a few pics of my 90 Tbird a few days after the accident. The other car got it much worse. Lucky for me i had a heavy car compared to a 90 Toyota Camery. http://community.webtv.net/steel09/car

Last edited by steel7; 05-07-2009 at 06:03 AM..
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Old 05-07-2009, 05:25 AM
 
Location: Incognito
6,987 posts, read 12,701,177 times
Reputation: 5276
I would say you did get your money's worth.
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Old 05-07-2009, 06:19 AM
 
Location: I think my user name clarifies that.
8,294 posts, read 14,011,427 times
Reputation: 3656
^ What he said. ^


Unfortunately, there's absolutely no guarantee that money we put into cars - in the form of repairs or mods - will ever be recouped. But if you've had the car for 6 years, and in real money your expenditures have only averaged $200 per year, that's pretty darned good.
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Old 05-07-2009, 06:40 AM
 
Location: Yucaipa, California
8,315 posts, read 10,063,183 times
Reputation: 4590
I dont drive alot. But that may change later this summer.
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Old 05-07-2009, 07:19 AM
 
8,496 posts, read 9,654,517 times
Reputation: 4228
I think you did good...
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Old 05-07-2009, 07:54 AM
 
Location: Derby, KS
3,832 posts, read 7,814,425 times
Reputation: 1557
Oh man did you ever do good. What you're saying is that you have $3200 invested in a car that you used for 6 years and then totaled it and still got $2000 out of it...plus you got to keep the car....which still runs fine. You got a gift!

What would it cost to only fix the accident damage? Forget all the other little things that need to be done. How much would it cost to bring the car back to where it was before your fender-bender? I'm guessing less than $1000. Which would mean you got a $1000 gift from the at-fault insurance company.
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Old 05-07-2009, 09:16 AM
 
Location: Yucaipa, California
8,315 posts, read 10,063,183 times
Reputation: 4590
Quote:
Originally Posted by drjones96 View Post
Oh man did you ever do good. What you're saying is that you have $3200 invested in a car that you used for 6 years and then totaled it and still got $2000 out of it...plus you got to keep the car....which still runs fine. You got a gift!

What would it cost to only fix the accident damage? Forget all the other little things that need to be done. How much would it cost to bring the car back to where it was before your fender-bender? I'm guessing less than $1000. Which would mean you got a $1000 gift from the at-fault insurance company.
To fix the accident damage would be from a min of $1,500.00 to a max of $2,500.00. It wasnt a fender bender. I got hit pretty good. I could pull the parts at the pick a part wrecking yard for around $300.00 but then ill need payed help with a truck to r & r parts. The header panel is not easy to remove.

Also the bumper would need to be realigned & thats about $100.00. Painting the car would be a min of $500.00. The dmv fees incl brake/lights inspection would be around $250.00-$300.00. Its just not worth the hassle/money to me plus the other things listed have to be done as well. Fixing the pwr windows would be a must as well as the motor mount. So right their alone is $550.00.

It all adds up fast. Also at the pick a part wrecking yard their is no guarantee you will find what you need. The other wrecking yards wanted $800.00 & up for the parts. I can always fix up car later on the future. It will be on a nonop starting in aug.09 & sitting in my drivway under cover.
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Old 05-07-2009, 10:31 AM
 
Location: Londonderry, NH
33,394 posts, read 28,007,444 times
Reputation: 15343
Stop whining and fix the car. It is cheaper than another one.
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Old 05-07-2009, 10:32 AM
 
Location: Derby, KS
3,832 posts, read 7,814,425 times
Reputation: 1557
That's surprising. It sure doesn't look like much damage...
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Old 05-07-2009, 11:04 AM
 
3,555 posts, read 4,791,173 times
Reputation: 2226
I didn't click on the pic, but either fix it as cheaply as possible or sell the parts on craiglist. I had a "totaled" toyota once that the insurance gave me $700 for (this was in '80 or '81) and I sold the parts off it for another $450 and then traded the hulk to a guy that had another toyota with a blown automatic tranny. Schweeeet.

golfgod
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