salvaged and didnt know, just venting
#1
salvaged and didnt know, just venting
So I just found out today, after 7 months of fighting insurance that my car was originally from Kansas and has a salvaged title from there. Out of my stupidity, I bought the car without doing the proper background check with a carfax report. The insurance company called and said they couldn't give me much money for it since it is salvaged, but the vehicle title doesn't say anything about it being salvaged. I am pissed and want to kill the everyone in the DMV (who doesn't?) because the DMV, especially CA with their liberal laws, should have put on the title that it is a salvaged vehicle. So anyone know who crashed an sc400 in Jan 2002 so I can find out the extent of the damage before? I hate insurance and I hate the DMV! Well enough venting, later all.
#3
Lead Lap
Here's how I see it... If you got it for a good price, runs, drives, and looks fine... Then don't stress over it and beat yourself up over the whole deal. Yeah it's annoying and a let down, but if you like the car then keep it and don't go postal Maybe I'm trying to lighten your mood a bit and you'll hate me for it, but I do see where you're coming from and I feel for ya, man. I hope everything turns out alright
#4
I wont go postal, no worries, just think the DMV should have put on the title that it is salvaged. Well I did get a good deal on it initially, and with the insurance money, which wont be too much, I should be able to buy a new kit and maybe a paint job. but that's about it.
#5
Car Chat Moderator
iTrader: (4)
You got lucky, I am an insurance agent ( don't hate me ), and our company doesn't even pay for salvaged cars, or don't even offer full cov for them.
How much you bought the SC for? For the price of salvage? if so I wouldn't complaint. However, if the seller cheated you, I would be going after him!!!
How much you bought the SC for? For the price of salvage? if so I wouldn't complaint. However, if the seller cheated you, I would be going after him!!!
#7
Pole Position
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Well, find out why it was salvaged. But here's a thought: I have a salvaged car. It say REBUILT on the title. It HAS to.
That said, I got it for 5,000 with 37,000 miles on it. I am waaaay ahead of the game I figure. You might be too. Yes, I spent 1500 on paint, 1,000 in general work, a lot of sweat and blood on my part, but am happy overall.
Another thought: A friend had a 97 Mitsu 3000 GT turbo. He took a corner too fast. He bent one axle (these cars are 4 wheel drive) and damaged two wheels and two calipers. THATS IT. Guess what? Insurance totaled it. It doesnt take much for a car to be totalled when they are expensive like ours. Find out what the damage was. maybe it was negligible like my friends.
That said, I got it for 5,000 with 37,000 miles on it. I am waaaay ahead of the game I figure. You might be too. Yes, I spent 1500 on paint, 1,000 in general work, a lot of sweat and blood on my part, but am happy overall.
Another thought: A friend had a 97 Mitsu 3000 GT turbo. He took a corner too fast. He bent one axle (these cars are 4 wheel drive) and damaged two wheels and two calipers. THATS IT. Guess what? Insurance totaled it. It doesnt take much for a car to be totalled when they are expensive like ours. Find out what the damage was. maybe it was negligible like my friends.
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#8
interesting...
I've owned 4 salvaged title cars in the past (all bought that way, all ran excellent) and I never had problems getting them insured.
now I wonder what I would have gotten for them if they had been stolen.
is there some algorithm for non insurance ppl to figure this out? or are you generally "fu&ked"
cuz, I could have saved myself a lot of money by only purchasing liability.
I've owned 4 salvaged title cars in the past (all bought that way, all ran excellent) and I never had problems getting them insured.
now I wonder what I would have gotten for them if they had been stolen.
is there some algorithm for non insurance ppl to figure this out? or are you generally "fu&ked"
cuz, I could have saved myself a lot of money by only purchasing liability.
#10
Lexus Test Driver
Join Date: Mar 2006
Location: Lake Ray Hubbard
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interesting...
I've owned 4 salvaged title cars in the past (all bought that way, all ran excellent) and I never had problems getting them insured.
now I wonder what I would have gotten for them if they had been stolen.
is there some algorithm for non insurance ppl to figure this out? or are you generally "fu&ked"
cuz, I could have saved myself a lot of money by only purchasing liability.
I've owned 4 salvaged title cars in the past (all bought that way, all ran excellent) and I never had problems getting them insured.
now I wonder what I would have gotten for them if they had been stolen.
is there some algorithm for non insurance ppl to figure this out? or are you generally "fu&ked"
cuz, I could have saved myself a lot of money by only purchasing liability.
#13
Former Sponsor
iTrader: (147)
hold on.
you should ask the insurance company if they were charging you a premium for a salvage car, I am sure they will tell you no.
So take them to court, what does it matter if a car is salvage or not. I am sure they were charging you a regular premium, and now are trying to screw you.
you should ask the insurance company if they were charging you a premium for a salvage car, I am sure they will tell you no.
So take them to court, what does it matter if a car is salvage or not. I am sure they were charging you a regular premium, and now are trying to screw you.
#14
hold on.
you should ask the insurance company if they were charging you a premium for a salvage car, I am sure they will tell you no.
So take them to court, what does it matter if a car is salvage or not. I am sure they were charging you a regular premium, and now are trying to screw you.
you should ask the insurance company if they were charging you a premium for a salvage car, I am sure they will tell you no.
So take them to court, what does it matter if a car is salvage or not. I am sure they were charging you a regular premium, and now are trying to screw you.
Thanks everyone for the help, didn't know I would get this much response since I was just venting. But with all the responses it has made me think of ways to "discuss" with the insurance company what to do.
#15
i would if it were my insurance company paying. but it was the other drivers fault and my insurance wouldn't pay because I only have liability.
Thanks everyone for the help, didn't know I would get this much response since I was just venting. But with all the responses it has made me think of ways to "discuss" with the insurance company what to do.
Thanks everyone for the help, didn't know I would get this much response since I was just venting. But with all the responses it has made me think of ways to "discuss" with the insurance company what to do.
I feel for you. dealing w/ insurance company (health) that doesn't want to pay for my surgery AFTER they approved it.
btw, i think that's also why ppl are so relunctant to purchase high end (pricey) cars w/ salvage title. even if they were stolen and restored vs wrecked.