Is This the End?

[JoFotoz]

That sounds like it could be a good deal, you'll essentially get to buy it ( if you want ) for wholesale value...

...as that is all the scrap/breakers yards will offer.

Fingers crossed for a great end result for you from this mess

jo

[rsteinmetz70112]

Wery Encouraging. Count your Fingers and Toes .

I have a question. Will the insurance company allow you to remove any added accessories before they try to sell it? Surely they add little value as parts, but may have value to you in your next VX .

Not to suggest anything illegal or fraudulent but a "stalking horse" bidder for salvage might be in order.

On the other hand if the salvage bids are below what you could get from parting it out (plus the costs) it might be in your best interest to buy it back and part it out. You know better than any Internet bidder what you can sell and how much you can get. In the end you can probably sell what's left to a salvage yard after you have parted out the "goodies". That of course will take a lot of effort on your part.

In any event I hope your negotiation works out.

[Etfren]

Speaking from experience, a VX that has been in a front end crash easily has 2k left in parts that can be sold. Plus I'm sure there is some stuff you would like to save for spares or transfer immediately to your new VX.

[vt_maverick]

Wery Encouraging. Count your Fingers and Toes .

I have a question. Will the insurance company allow you to remove any added accessories before they try to sell it? Surely they add little value as parts, but may have value to you in your next VX .

Way ahead of you here - check back on the first page, I've already stripped off all the mods that weren't destroyed and could be easily removed. I decided to leave the Tone hitch because of the tongue weight problems I was having, the WeatherTech front floor mats because they don't fit very well, and the SBC window brackets and popper kit because they'd be a pain in the *** to remove. But I get to submit my receipts for those items to the 3rd party appraisers for consideration on top of the vehicle itself, so that's good. I pulled all that stuff last week because once the adjuster snaps pics of the vehicle you can't pull anything else off. Otherwise you'd be ripping off the insurance company because they'd being paying you for mods that are no longer on the vehicle.

Not to suggest anything illegal or fraudulent but a "stalking horse" bidder for salvage might be in order.

Not sure what you mean here. I get first right of refusal on buying the vehicle so it's not like anyone can outbid me, I just have to match the highest bid.

On the other hand if the salvage bids are below what you could get from parting it out (plus the costs) it might be in your best interest to buy it back and part it out. You know better than any Internet bidder what you can sell and how much you can get. In the end you can probably sell what's left to a salvage yard after you have parted out the "goodies". That of course will take a lot of effort on your part.

Yup, that's the idea. It really all depends on how high the salvage bid comes in and what kind of condition my next VX is in when I buy it. If the salvage bid is > $2K and my next VX is near mint, it's probably not worth it. But if the bid is $1500 and my next VX has worn seats or faded cladding, it could be a really good idea to hold onto it. We'll see.

[vt_maverick]

Way ahead of you here - check back on the first page, I've already stripped off all the mods that weren't destroyed and could be easily removed. I decided to leave the Tone hitch because of the tongue weight problems I was having, the WeatherTech front floor mats because they don't fit very well, and the SBC window brackets and popper kit because they'd be a pain in the *** to remove. But I get to submit my receipts for those items to the 3rd party appraisers for consideration on top of the vehicle itself, so that's good. I pulled all that stuff last week because once the adjuster snaps pics of the vehicle you can't pull anything else off. Otherwise you'd be ripping off the insurance company because they'd being paying you for mods that are no longer on the vehicle.

Well just totaled up my receipts for the mods that were either destroyed or I chose not to remove. If you include shipping and installation labor (a few things I had professionally installed) the total comes to $2,024.95. Without installation labor it's closer to $1,400 or so. I couldn't believe it was that high since I already removed the vast majority of my stuff. Oh well, hopefully this will drive the final payout up even more.

[rsteinmetz70112]

Don't forget that you will have to pay tax title and license on you new one as well.

[atilla_the_fun]

Well just totaled up my receipts for the mods that were either destroyed or I chose not to remove. If you include shipping and installation labor (a few things I had professionally installed) the total comes to $2,024.95. Without installation labor it's closer to $1,400 or so. I couldn't believe it was that high since I already removed the vast majority of my stuff. Oh well, hopefully this will drive the final payout up even more.

!!! Don't tell the wife!

[vt_maverick]

Just got off the phone with the adjuster. He's still waiting to hear back on salvage bids and for authorization from GEICO to include my mods in the final price, but he did give me an opening offer for the vehicle (still subject to negotiation and does not yet include mods).

$9,977.25

I want more than that of course, but that's very encouraging.

[rsteinmetz70112]

Sounds encouraging indeed. Does that include all the costs of purchasing a new vehicle?

[VXjunky]

mav...what was the mileage on your VX?

[vt_maverick]

No that's just the assessment of the value of my VX itself, it doesn't include the costs of acquiring a replacement, the cost of all the mods that were destroyed, the cost of the car seat I had to replace, etc etc etc. That's just a starting point, now he and I get to talk through what those other items should add on top of the base figure. He's on vacation tomorrow so we won't talk more until Monday.

Junky - My mileage was right at 73K.

[VXjunky]

id a-thunk more $$$, given the low mileage....coincidentally right where mine is

[Mile High VX]

Hey if we all group together and put our VXs up for sale at 15K maybe Mav can get what his is truly worth...

[vt_maverick]

Lol... now that's using your head Earl!

[vt_maverick]

id a-thunk more $$$, given the low mileage....coincidentally right where mine is

IIRC Dealer/Clean Retail for an 00 with 73K was around $9700 in both NADA and KBB, so it's not that low. But I would argue that my VX was in very good condition for its age (especially the undercarriage which was largely devoid of rust) and had a few thousand $$$ worth of mods that should push it higher.