GS - 4th Gen (2013-2020) Discussion about the 2013 and up GS models

Should I buy it back?

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Old 03-30-23, 08:37 PM
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richard203
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Default Should I buy it back?

Just got into an accident, the airbag popped and pretty sure it’s total lost. My question do I need to replace a lot of stuff for the airbag or just airbag and the airbag module and the seat belt? Since the front is pretty much look intact since it’s not a high speed accident just a street accident. The other party car have no damage and my car have so much damage lol even the tow guy say that shows how strong is old car is. I just changed my whole suspension too like bushing and lower control arm and upper strut and spring. I hate to leave the gs section =[


[img]https://cimg4.ibsrv.net/gimg/www.clublexus.com-vbulletin/2000x1504/50ca9f7d_7c1d_4ced_bb89_9b013ab734d9_516a48497e6e42b1c82b8e3a10e1686276fa1f71.jpeg


Last edited by richard203; 03-30-23 at 09:11 PM.
Old 03-30-23, 11:10 PM
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PGA71
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Originally Posted by richard203
Just got into an accident, the airbag popped and pretty sure it’s total lost. My question do I need to replace a lot of stuff for the airbag or just airbag and the airbag module and the seat belt? Since the front is pretty much look intact since it’s not a high speed accident just a street accident. The other party car have no damage and my car have so much damage lol even the tow guy say that shows how strong is old car is. I just changed my whole suspension too like bushing and lower control arm and upper strut and spring. I hate to leave the gs section =[


[img]https://cimg4.ibsrv.net/gimg/www.clublexus.com-vbulletin/2000x1504/50ca9f7d_7c1d_4ced_bb89_9b013ab734d9_516a48497e6e42b1c82b8e3a10e1686276fa1f71.jpeg
Sounds like you and the other car's driver are ok. That's the important thing.
Next is to see, what the insurance pay off is and cost to fix vs buying a replacement one? If you buy it back it will have a salvaged title which is not desirable for future resale. The payoff should be negotiable to allow you to get a similar replacement vehicle.
What year is it?

Old 03-30-23, 11:19 PM
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richard203
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Originally Posted by PGA71
Sounds like you and the other car's driver are ok. That's the important thing.
Next is to see, what the insurance pay off is and cost to fix vs buying a replacement one? If you buy it back it will have a salvaged title which is not desirable for future resale. The payoff should be negotiable to allow you to get a similar replacement vehicle.
What year is it?
2013 with 95k miles
Old 03-31-23, 02:34 AM
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Hues10
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If there isn’t much damage to the front end, like frame, radiator smashed in, etc, I would think that the car would not be totaled and repaired under your insurance. I don’t exactly know what a 2013 is worth, but I would think at least $15k. Wow, that means my 2013 is 10 years old now as well. My record is keeping a 2004 Saturn for 15 years until 2019. I think I am going to break it on my Lexi. I don’t see any reason to change vehicles. Sorry, got off topic. Wait for insurance estimate obviously. But if you keep car with a salvage title, you are committed to it for life. Like being married. Divorce would then be expensive. Or you can call off the engagement if insurance totals it.
Old 03-31-23, 02:45 AM
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richard203
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Ya if I didn’t install all the new part in the gs I would ok with total but I just changed the whole front suspension and boom got hit. It just that all that work put into it and just gone in few min that the part that bugs me. Even my parent be like at least u are ok and be like d2mn u spent so much on parts and time installing it and you drive it for a day and all that work and money just disappear can’t appreciate the work I done to it. My question is would my insurance pay for the parts I just installed if not can I swap the old part back in?
Old 03-31-23, 04:14 AM
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Typically if 3 panels are damaged it will likely be a total loss. Yours doesn't look serious.



I've rebulit and sold a lot of salvage cars . A rebuilt title car will still sell. It just means you'll get a little less.

If it were my car , I'd get few new parts, and fix the few things it needs. If you find the right shop and work together ... you might be able to come out with a few extras for free.

.

Last edited by 909; 03-31-23 at 04:21 AM. Reason: Spelling police
Old 03-31-23, 05:13 AM
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marjenmill
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Sorry to hear about the accident, but glad you're okay. That headlight will cost you $1700 just for the part. I had similar damage, but no airbag deployment, and the repair cost was $14,000 and that was 5 years ago. Take the money from the insurance company and get another car. A car with a salvaged title will drop the value A LOT, not a little, like $4k-$5k, plus make it very hard to resell in the future.
Old 03-31-23, 07:10 AM
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For heaven sakes, think, man! It's a 10 or 11 year old car with 95k miles that has been wrecked with airbag deployment. It's totaled. Take the insurance settlement less your deductible and buy another vehicle.

If some yo-yo car dealer ends up buying the car to refurbish it and sells it as a salvage title vehicle, wish them well and kiss it goodbye.

Replace the suspension parts you recently installed with the old OE parts? Are you planning to buy another GS 350? If not, forget about it. Move on...
Old 03-31-23, 07:29 AM
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Originally Posted by richard203
Just got into an accident, the airbag popped and pretty sure it’s total lost. My question do I need to replace a lot of stuff for the airbag or just airbag and the airbag module and the seat belt? Since the front is pretty much look intact since it’s not a high speed accident just a street accident. The other party car have no damage and my car have so much damage lol even the tow guy say that shows how strong is old car is. I just changed my whole suspension too like bushing and lower control arm and upper strut and spring. I hate to leave the gs section =[


[img]https://cimg4.ibsrv.net/gimg/www.clublexus.com-vbulletin/2000x1504/50ca9f7d_7c1d_4ced_bb89_9b013ab734d9_516a48497e6e42b1c82b8e3a10e1686276fa1f71.jpeg
Make sure you have receipts for the upgraded parts. You should some value from them as well. This wasn't a clapped out winter beater.
Old 03-31-23, 07:55 AM
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bclexus
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Originally Posted by Knucklebus
Make sure you have receipts for the upgraded parts. You should some value from them as well. This wasn't a clapped out winter beater.
His insurance agent/adjuster may up the settlement value a little bit to help him with the expense of the upgraded suspension parts he recently put on the 11 year old car, but I doubt that most insurance would even consider it. Worn OE parts replaced with 'upgraded' parts versus new OE parts! I don't think either should be a settlement consideration factor. It's just the chances that a vehicle owner takes when making that decision to replace worn out parts, whether the replacement parts are suspension parts or a windshield, side mirror or tires.
Old 03-31-23, 12:21 PM
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Originally Posted by bclexus
His insurance agent/adjuster may up the settlement value a little bit to help him with the expense of the upgraded suspension parts he recently put on the 11 year old car, but I doubt that most insurance would even consider it. Worn OE parts replaced with 'upgraded' parts versus new OE parts! I don't think either should be a settlement consideration factor. It's just the chances that a vehicle owner takes when making that decision to replace worn out parts, whether the replacement parts are suspension parts or a windshield, side mirror or tires.
the upper control arm, lower tierod and gsf bushing is new oe parts brought from bell lexus the only aftermarket parts is the kyb extage strut and spring
Old 03-31-23, 01:57 PM
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Originally Posted by richard203
the upper control arm, lower tierod and gsf bushing is new oe parts brought from bell lexus the only aftermarket parts is the kyb extage strut and spring
That's just an expense that owners have of maintaining a vehicle. Unfortunately for you, you didn't get a chance to put much time or mileage on the car after putting those new parts on the car. Your insurance provider shouldn't be held responsible for covering that expense...any more than your insurance provider reimbursing you for the cost to have your car detailed and waxed an hour before you wrecked it. That's just a small rub of life...of which there will be many! I'd forget it and not look back...
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Old 03-31-23, 10:59 PM
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@richard203 truly sorry to see that happen esp w/a beautiful flaxen interior like that on an F-sport. Most importantly everyone is safe. '13 GS's with that mileage will fetch ~$15k on a typical trade. I'd say find out how much you will get from insurance and maybe walk away from this GS.

Its definitely tougher knowing it wasn't a high speed accident and you just put some maintenance work into it, but you don't necessarily have to leave the fam as many have moved into newer GS's or other Lexus models...Look at like an opportunity and not a setback. You could do like @PGA71 or @Nalod who both recently upgraded from a GS to an LS500...

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Old 04-01-23, 03:51 PM
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Sorry to see anyone that has their car hit. The Insurance eval is based on the estimate repair cost vs the Valuation of it. Buying it back is also a personal financial question and the actual cost of the buy back.

Guys a 13 F Sport with 95k is actually a add for low miles for the year. They are bringing anywhere from $19k to $20.5K average right now, considering carfax and other valuations. The pay out loss is based on retail cost negotiation plus the sales tax for a payout if totaled. Not Trade value.

The suspension parts are going to add ZERO to the valuation. There have to be spring and struts on the car. If they don't total make sure it's fixed at Lexus or Toyota, also be sure the initial estimate is not going to increase to the Totaled evaluation. If they fix it you can also ask for a diminished value check too.
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