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For Sale / Car totaled, how much can I expect?
« on: August 27, 2010, 07:20:50 PM »
I had my 1991 318i with only 75000 miles totaled. Just got it last year and it was in great mechanical shape, virtually no rust, although cosmetically not the best (faded paint, bumpers could use repair but only for cosmetic reasons, no fancy options added on, just power windows/locks, crank sunroof, and a stereo and alarm system I installed myself). I put in around $3000 for maintenance (brakes, tires, muffler, fuel pump, bushing, tie rods, etc, nothing engine or clutch related). The guy's insurance is offering NADA price which is $2750 for this mileage. Does this seem like a good settlement? Could I buy a comparable 318i replacement with this money? From my internet searches I can't seem to find one that low that doesn't look like it will need some $$$ to bring it up to speed. Any advice appreciated.
