My 2006 GT might be totaled - Ford Mustang Forum
 
LinkBack Thread Tools
post #1 of 7 (permalink) Old 08-08-2012 Thread Starter
Rookie
 
Vavoom00's Avatar
 
Joined: Aug 2012
Location: Fontana
Posts: 3
 
My 2006 GT might be totaled

I got rear ended and may have frame damage. My car is in great shape, it runs great, everything is intact...except for some bumper damage and possible frame damge in rear. If it gets totaled, what is the best way to sell my car whole? I don't want to part it out in "pieces". How much can I sell it for, as parts but as a complete car and how would I go about advertising it?

Thanks!

Vavoom00 is offline  
Sponsored Links
Advertisement
 
post #2 of 7 (permalink) Old 08-09-2012
SheizaSoSay
Guest
 
SheizaSoSay's Avatar
 
Posts: n/a
If it's a total, doesn't the insurance company pay you for your car and then they sell it?

post #3 of 7 (permalink) Old 08-09-2012 Thread Starter
Rookie
 
Vavoom00's Avatar
 
Joined: Aug 2012
Location: Fontana
Posts: 3
 
I own it out right. I would have to get a salvage title from DMV. Claim rep stated I could do with the car what I wished.
Vavoom00 is offline  
 
post #4 of 7 (permalink) Old 08-09-2012
GT Member
4.6L Member
S197 Member
 
markag's Avatar
 
Joined: May 2009
Location: Metamora
Posts: 1,122
 
Even if you own it outright, if the insurance company totals the car, they should be the ones to take care of selling it for you. Sometimes they will let you buy it back from them. Maybe that is what they ment about getting a slavage title. But usually people do that so they can rebuild it and keep driving it. If you are just looking to get rid of it, I would let the insurance company do all the work.

2008 Mustang GT Deluxe, Black, Manual Transmission, Black Cloth Interior
Show: Katzkin Leather Interior, Matte Black 10" Stripes, NXT Step Performance Axlebacks, Pypes M80 Mufflers (mid mounted), CDC Sequential Tail Lights, 14" Shorty Antenna, Ford OEM Plenum Cover, Ford Semigloss Black Painted Valve Covers, Leather Wrapped OEM Steering Wheel
Go: Airaid Race CAI, BAMA Tune, J&M Lower Control Arms, JLT Oil Separator
Coming Soon: Motive 4.10 gears
markag is offline  
post #5 of 7 (permalink) Old 08-09-2012 Thread Starter
Rookie
 
Vavoom00's Avatar
 
Joined: Aug 2012
Location: Fontana
Posts: 3
 
I am keeping my car, I do not have to buy it back. I own it, insurance pays for the loss. I'm just looking for the best way to off load my car in it's entirety, not in pieces.
Vavoom00 is offline  
post #6 of 7 (permalink) Old 08-09-2012
PONY Member
 
SOMDStang's Avatar
 
Joined: May 2011
Location: DFW
Posts: 568
 
Quote:
Originally Posted by Vavoom00 View Post
I am keeping my car, I do not have to buy it back. I own it, insurance pays for the loss. I'm just looking for the best way to off load my car in it's entirety, not in pieces.
Doesn't matter if you own it outright or not. If the insurance company writes it off as a total loss they cut you a check for the car, transfer the title and then put it up on auction to recoup some of their costs. You can choose to keep the car, but if you do they will deduct a salvage amount from the payout you receive. If you're getting rid of it anyway, better to just let the insurance company take it because they will usually give you full blue book value + tax.

2005 Sport-Utility Mustang Convertible
SOMDStang is offline  
post #7 of 7 (permalink) Old 08-09-2012
Apprentice
 
All Show No Go's Avatar
 
Joined: Apr 2010
Location: n/a
Posts: 133
 
Insurance companies

I agree with the rest , Insurance companies don't allow you to double dip. They recover some of their costs from claims, by selling the wrecks. You will either get a check for the hole amount of the car's value and they keep the car, or you will get a reduced amount and you will get to keep the wreck.

There can be only 1
All Show No Go is offline  
Sponsored Links
Advertisement
 
Reply

Tags
salvage , sell for parts , selll whole car for parts

Quick Reply
Message:
Options

Register Now



In order to be able to post messages on the Ford Mustang Forum forums, you must first register.
Please enter your desired user name, your email address and other required details in the form below.

User Name:
Password
Please enter a password for your user account. Note that passwords are case-sensitive.

Password:


Confirm Password:
Email Address
Please enter a VALID email address for yourself, otherwise you will not receive the necessary confirmation email needed to confirm, validate and activate your new AFM member account.

Failure to provide a VALID email address, will result in the cancellation of your new AFM member account registration.

Email Address:
OR

Log-in










Thread Tools
Show Printable Version Show Printable Version
Email this Page Email this Page



Posting Rules  
You may post new threads
You may post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are On

 
For the best viewing experience please update your browser to Google Chrome
 


Search Engine Friendly URLs by vBSEO 3.6.1