Possibly the End
Le Mans Master
Joined: Oct 2000
Posts: 6,362
Likes: 30
From: Oak Harbor WA
Just out of curiosity, what is Haggerty using to justify what I suspect is a low value on the car? They are in the business of making money, not saving you money. Find several cars of the same year/options that are of higher value than the first offer ($11k) and use that to get them to up the payoff. You will have to do this yourself as they will not do it for you. Any extra money agreed is a little better than nothing. At least then you can use that towards another similar car.
Melting Slicks
Joined: Aug 2004
Posts: 3,151
Likes: 294
From: Opelousas, Lousiana
CI 6-7 & 9 Veteran
Most of the classic car insurance companies like Haggety have an "Agreed Value" on the car. For example mine is $25K, so regardless of the current value, if my car is totaled they will pay 25K. If your agreed value is too low, it needs to be raised, but the customer has to initiate that change. His rates will also increase.
Just out of curiosity, what is Haggerty using to justify what I suspect is a low value on the car? They are in the business of making money, not saving you money. Find several cars of the same year/options that are of higher value than thge first offer ($11k) and use that to get them to up the payoff. You will have to do this yourself as they will not do it for you. Any extra money agreed is a little better than nothing. At least then you can use that towards another similar car.
Le Mans Master
Joined: Oct 2005
Posts: 6,247
Likes: 471
From: Glen Allen, VA
Race Director
Joined: Jul 2015
Posts: 13,082
Likes: 3,399
From: SW Florida.
Did you try to drive the car after the hit? It looks like the wheel is essentially in the right place. How far is the car currently from home? If it steers ok and stops, it needs a nose. A branded title wont devalue that much cuz you will have pics of the damage and repair. Not like it was wrapped around a pole and straightened.start shopping for a nose or hood surround for a 73-4. You are gonna still have this vette plus a few bucks left over.
Race Director
Joined: Jul 2015
Posts: 13,082
Likes: 3,399
From: SW Florida.
Here is a 74 nose with a few extra parts included. https://norfolk.craigslist.org/cto/d...592479627.html I think the silver leather interior would be an acceptable finder's fee...
Last edited by derekderek; May 19, 2018 at 07:55 AM.
Le Mans Master
Joined: Oct 2000
Posts: 6,362
Likes: 30
From: Oak Harbor WA
Most of the classic car insurance companies like Haggety have an "Agreed Value" on the car. For example mine is $25K, so regardless of the current value, if my car is totaled they will pay 25K. If your agreed value is too low, it needs to be raised, but the customer has to initiate that change. His rates will also increase.
Race Director
Joined: Jan 2002
Posts: 11,614
Likes: 347
From: No Where USA
"Of course, the reality of that option is closer to take the payout, pay off my other debt with it so that's not hanging over my head, and start saving to someday buy another corvette, which hopefully works out while I'm trying to raise two kids and get out of a house I'm underwater on, so... it could be a while."
I know it will be your money to do as you want but if you take that 11K and pay off bills and maybe "someday" get another vette. unless you are a saver it's not going to happen. Life will get in the way and it will be a long time before you enjoy a cruise in a vette. Those bills were there before the car got totaled and will be there after. Get another car.
I know it will be your money to do as you want but if you take that 11K and pay off bills and maybe "someday" get another vette. unless you are a saver it's not going to happen. Life will get in the way and it will be a long time before you enjoy a cruise in a vette. Those bills were there before the car got totaled and will be there after. Get another car.
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Joined: Mar 2016
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