Notices
C5 General General C5 Corvette and C5 Z06 Discussion not covered in Tech

Totalled - Now what?

Thread Tools
 
Search this Thread
 
Old Jul 25, 2011 | 10:04 PM
  #21  
cedrop's Avatar
cedrop
Instructor
10 Year Member
 
Joined: Dec 2005
Posts: 213
Likes: 0
From: New Orleans Louisiana
Default

I don't have a strong opinion on the value but the best place to buy a replacement is right here on this forum under the 4sale/wanted section
Reply
Old Jul 25, 2011 | 11:58 PM
  #22  
jdot's Avatar
jdot
Drifting
 
Joined: May 2010
Posts: 1,371
Likes: 1
From: Somerset Kentucky
Default

I'm restoring a car that belonged to my Dad. Try to get some of the parts back if you don't buy your old car. The one I'm restoring was stored in a barn on my farm for 28 years and in the next month I'll have it completely restored and back on the road. I think about my Dad every day just like you. This restoration has been expensive but I think of it as a tribute to my Dad who taught me to love American cars. Good luck on what ever route you take.
Reply
Old Jul 26, 2011 | 01:43 AM
  #23  
dquagliaroli's Avatar
dquagliaroli
Drifting
Supporting Lifetime Gold
 
Joined: Aug 2009
Posts: 1,828
Likes: 14
Default move on

Sounds like a reasonable offer. Consider parting out and I liked the idea about using a few parts to keep the memories alive.

Check out the forum for sale and ebay. Seems like you could move up a few years and find one with less miles. Good Luck!
Reply
Old Jul 26, 2011 | 02:04 AM
  #24  
GGEENN's Avatar
GGEENN
Pro
 
Joined: May 2011
Posts: 629
Likes: 0
From: The North Bay Area Californa
Default

Originally Posted by sfc rick
What a lowball figure! Refuse it......make'em offer a more realistic value.

They offered that price hoping you were uninformed and didn't know, they obviously are looking to buffalo you.
what insurance
Reply
Old Jul 26, 2011 | 08:04 AM
  #25  
Blitzkrieg's Avatar
Blitzkrieg
AKA "The CLOWN"
Supporting Lifetime
10 Year Member
 
Joined: Feb 2010
Posts: 6,261
Likes: 13
From: Chicago South Suburbs
Default

Originally Posted by Pineapple1
Found one that almost sounds too good to be true! 2000 FRC, 97,000 miles, 6-speed, $13,500! Right car, right price, right location, it's even the right color (Pewter/Black leather, same as my mine)! Less miles and I might even come out on top. The one weird thing about it is that it has Z06 body upgrades (including Z06 fender badges), but is NOT a Z06. Thoughts?
If you buy it, Take something from your old car and put it on your new one, This way you will still have something to remind you of your dad when you are out driving!
Reply
Old Jul 26, 2011 | 08:27 AM
  #26  
rwilkins's Avatar
rwilkins
Racer
10 Year Member
 
Joined: Jun 2006
Posts: 356
Likes: 0
From: Hershey PA
Default

Originally Posted by Pineapple1
If I had the time, I would completely do that. I suppose I could always buy something temporary to get to work with in the meantime, but I don't know, I just want things to go back to how they were 2 weeks ago. Impossible, I know, but still frustrating. I'm half tempted to buy it back just so I have an excuse to do something with the motor and drive train Not sure what, but I'm sure I could think of something.
Buy it back. Maybe you could find someone to part it out for you and pay a commission to them on what gets sold. You could save whatever you want then.......even if some of it hangs on the wall of your house or garage or basement. I still have some things on the wall that belonged to my deceased dad. Hell, you could always use the seats in your rec room....the seat where your dad sit. Good luck.

Last edited by rwilkins; Jul 26, 2011 at 08:31 AM.
Reply
Old Jul 26, 2011 | 08:49 AM
  #27  
FNFastZ06's Avatar
FNFastZ06
Pro
15 Year Member
All Eyes On Me
Liked
 
Joined: Dec 2010
Posts: 508
Likes: 3
From: Tallahassee, FL
Default

I have to agree with refusing it. When my '96 C4 was totalled in a rear end collision, the other driver's Ins. Co. (they were 100% at fault, which I'm assuming is your case too), lo balled me. Offered 6k. I refused it and did web searches for other like cars, gathered receipts for mods and other expenses I had paid for the car, and kept on the adjusters case. After about 5 weeks (time didn't bother me, they gave me a rental) they came up to 15.5K. (this is last year). Took the $, added a few bucks of my own and now have a nice '03 Z.

Don't settle for their first offer.
Reply
Old Jul 26, 2011 | 01:01 PM
  #28  
Marc@Vettenuts.net's Avatar
Marc@Vettenuts.net
Supporting Vendor
15 Year Member
Liked
Loved
Community Favorite
 
Joined: May 2010
Posts: 6,819
Likes: 235
From: Bell Buckle, TN
St. Jude Donor '11
Default

I wrecked a 98 w92k two years ago and got $18500 from Geico. I did not argue with that offer. It was a spotless car prior to the accident.
Reply
Corvette Stories

The Best of Corvette for Corvette Enthusiasts

story-0

10 Ugly Corvettes That We Still Kinda Love

 Joe Kucinski
story-1

Top 10 Most Expensive Corvettes Ever Sold on Bring A Trailer

 Brett Foote
story-2

10 Things Every Corvette Owner Needs (2026 Edition)

 Michael S. Palmer
story-3

8 Most "Only Corvette Owners Understand" Quirks and Problems

 Pouria Savadkouei
story-4

10 Reasons the C6 Z06 is Still A Performance Benchmark After 20 Years

 Joe Kucinski
story-5

How Much Horsepower Every Corvette Engine "LOST" in 1972

 Joe Kucinski
story-6

Top 10 DOs and DON'Ts for Protecting Your Convertible Top!

 Michael S. Palmer
story-7

Top 10 Most Explosive Corvettes Ever Made: Power-to-Weight Ratio Ranked!

 Joe Kucinski
story-8

150 hp to 1,250 hp: Every Corvette Generation Compared by the Specs That Matter

 Joe Kucinski
story-9

8 Coolest Corvette Pace Cars (and Replicas) of All Time

 Verdad Gallardo
Old Jul 26, 2011 | 01:57 PM
  #29  
stockpile's Avatar
stockpile
Instructor
10 Year Member
 
Joined: Mar 2009
Posts: 125
Likes: 2
From: Guilford, CT
Default

I would also check craigslist. There are some deals to be had there, but be prepared to do you due diligence. Inspect the vehicle(s) closely and definitely run the VIN if you have LEO buddy or someone who works for an insurance company. Carfax will sufice otherwise.

Ebay and autotrader seem to command a premium when it comes to autosales. CL requires more legwork and due diligence, but if you don't want to sink any more money into a new ride, but can afford to invest your time, maybe you should go that route.

Also, you're in NJ.... Have you checked out www.allvette.net ??

Very reliable vette only dealer.... You'll find mostly low mileage C5's and C6's there. So, you may struggle to find one without throwing at least a couple grand more into the equation. Good luck.
Reply
Old Jul 26, 2011 | 02:06 PM
  #30  
TriplBlk's Avatar
TriplBlk
Safety Car
15 Year Member
 
Joined: Jun 2009
Posts: 3,888
Likes: 2
From: Frederick, Maryland
Default

Insurance tried to offer me 13.2 for mine....lmfao. I just laughed at them
Reply
Old Jul 26, 2011 | 02:10 PM
  #31  
Ricbear's Avatar
Ricbear
Racer
 
Joined: May 2011
Posts: 378
Likes: 5
Default

Insurance co is offering you Kelly blue book. They usually won't account for mods. Like the others, hit them for more. Show them prices and or receipts of any mods. The insurance co will sometimes take that into the payout. I had to do a small battle on my 75 custom restore that a lady wanted the front end worse than I.
Reply
Old Jul 26, 2011 | 02:14 PM
  #32  
BADBIRDCAGE's Avatar
BADBIRDCAGE
Race Director
Supporting Lifetime
20 Year Member
Liked
Loved
Top Answer: 1
 
Joined: Feb 2004
Posts: 11,039
Likes: 2,591
From: Del Boca Vista FL
Default

Originally Posted by Pineapple1
Was rear-ended by a careless driver a few weeks ago Everyone was OK, so I can't be too upset, but my 1999 FRC was just deemed a "total loss" - great . Apparently there was frame damage beyond repair. Haven't talked to the shop yet, so I'm just going on what the insurance company said. I'm left with 2 options.

1. Take the money and find another Vette! They're offering something like 15K. I briefly looked around a bit and saw some things in that range, but most were much higher. Is this a realistic number? What are my chances of finding a nice '99 - '00 - '01 FRC in that price range? Good? Bad? I honestly have no idea.

2. Buy mine back. For what seems like an insanely high price of $5000 I can buy it back! Why so high??? That would leave me with $10K to do with as I please. But I'm guessing I can't fix it for that price. Maybe the cosmetic stuff, but if the frame is toast, I'd basically be buying the drive train.

The worst part about it is that this was a very sentimental car. It belonged to my father who passed away few years ago. I thought about him every time I drove it, and just figured I'd always have it. Bummer. Any advice from the community on where to go from here would be really appreciated!!!

Thanks!
So think of it this way. What would YOU pay for your totaled car with 100K plus miles on it? This is an unfortunate situation and absolutely not your fault; having been hit from behind. Insurance companies are not required to replace your vehicle with a vehicle of like model and condition. With the rates we all have to pay it would be nice if the were but they are not. So they pay a rate determined by condition at time of loss.

See if you can work them up some on the value and then take your settlement and purchase another car that you like.
Reply
Old Jul 26, 2011 | 02:44 PM
  #33  
99 VET's Avatar
99 VET
Burning Brakes
10 Year Member
Veteran: Air Force
Liked
Community Favorite
 
Joined: Mar 2009
Posts: 1,028
Likes: 33
From: GRAYSLAKE IL
Oldtimer
St. Jude Donor '13
Default

I would not take their first offer! Point out to them very strongly that you didn't claim any injury & by doing so you saved them a bunch of $$$. Good luck!
Reply
Old Jul 26, 2011 | 03:13 PM
  #34  
sfc rick's Avatar
sfc rick
Le Mans Master
15 Year Member
Liked
Loved
Community Favorite
 
Joined: Nov 2009
Posts: 6,119
Likes: 156
From: Huntington tx
Default

Friend.....Don't take this the wrong way, PLEASE get an attorney! You're being had.
Reply
Old Jul 26, 2011 | 04:48 PM
  #35  
Dave1998's Avatar
Dave1998
Safety Car
20 Year Member
Liked
Top Answer: 1
 
Joined: Jul 2004
Posts: 4,806
Likes: 70
From: Rochester MN
Default

Originally Posted by TorchRedRocket
Umm I think 15k for a '99 with 112k is a more than generous offer...


i doubt you could have sold the car yourself for 15K.

With that mileage any buyer would beat you down

Dave
Reply
Old Jul 26, 2011 | 05:57 PM
  #36  
mtndv8's Avatar
mtndv8
Drifting
15 Year Member
Photogenic
Liked
Loved
 
Joined: Jun 2008
Posts: 1,317
Likes: 9
From: McCall Idaho
Default

Originally Posted by sfc rick
Friend.....Don't take this the wrong way, PLEASE get an attorney! You're being had.
...good advice.
Got rear-ended 1.5 yrs ago while driving my Silverado. Like you they offered me way less than the truck was worth and also used that bogus price to justify totalling it.
It was the dead of winter and I needed a 4wd and they kept jacking me around for the rental 4wd truck costs. One phone call and a followup letter from a very respected lawyer and I have my Silverado back (no salvage title) plus cash in my pocket...

Hope it works out for you...
Reply
Old Jul 26, 2011 | 05:57 PM
  #37  
Pineapple1's Avatar
Pineapple1
Thread Starter
Instructor
 
Joined: Nov 2007
Posts: 138
Likes: 0
From: Richwood NJ
Default

Hey guys! First off, I love the idea about grabbing something from my Dad's Vette that I could install in the new one. I talked to the guys at the shop today and I don't think that will be a problem at all! I'll have to think of some ideas.

As far as the insurance (Progressive) offer goes, it sounds like there's a pretty wide range of opinions out there. Honestly, from the little bit of searching I did last night, I can say that I'm having a very hard time finding other C5's for sale with my kind of miles (112K). Makes it hard to compare or even gather listings to show to my insurance company.

I mentioned yesterday that I did find one that sounds perfect for $13,500. 2000 FRC, 97,000 miles. It's as close as I'll get to making this like it never even happened which would be awesome. If things work out, I may be driving down there tomorrow night to look at it. Any tips on buying a used C5 privately.
Reply

Get notified of new replies

To Totalled - Now what?

Old Jul 26, 2011 | 05:58 PM
  #38  
jealkon's Avatar
jealkon
Instructor
10 Year Member
 
Joined: Aug 2005
Posts: 186
Likes: 0
From: Philadelphia Pennsylvania
Default

Take the insurance money and buy my 02 Pewter/black leather with 18,000 miles for $21.
VEHICLE INFORMATION
Merchandising Model : 1YY07 -2002 CORVETTE COUPE Warranty Start Date : 06/07/2002
BARS Order Type : 70 - RETAIL - STOCK
Delivering Dealer : DAVID PENSKE CHEVROLET, INC.
240 MALL BLVD
KING OF PRUSSIA , PA 19406-2902 (610) 337-3100

CLAIM HISTORY
R.O Date R.O Number Type Labor Operation Odometer Reading
05/24/2005 351826 # V1153 - 04006 - INSTALL HARNESS KIT - AUTOMATICS ONLY 6100 miles 04/11/2002 031004 # Z6999 - PDI RELATED FLUID ADDS 52 miles
04/03/2002 A27055 I Z7000 - PRE-DELIVERY INSPECTION - BASE TIME 0 miles

VEHICLE BUILD
Merchandising Model : 1YY07 -2002 CORVETTE COUPE
Gross Vehicle Weight Rating : 1667 kg (3676 lb) Order Number : FBTRDG
Build Date : 04/03/2002 Build Plant : 125Y

OPTION CODES
AAB - MEMORY PACKAGE AG2 - SIX-WAY POWER PASSENGER SEAT
AK5 - DRIVER & PASSENGER SUPPLEMENTAL INFLATABLE RESTRAINT SYSTEM
AQ9 - ADJUSTABLE SPORT BUCKET SEATS WITH LEATHER TRIMMED SEATING SURFACES BGR - BOWLING GREEN PLANT B84 - BODY SIDE MOLDINGS
CC3 - TRANSPARENT LIFT-OFF ROOF PANEL
CJ2 - AIR CONDITIONING-ELECTRONIC DUAL ZONE
DD0 - ELECTROCHROMIC MIRRORS: ISRV & LH OSRV DD8 - OSRV
DL5 - ROADSIDE SERVICE INFORMATION DECAL
D42 - REAR COMPARTMENT LUGGAGE SHADE AND PARCEL NET
FE3 - SPORT SUSPENSION
GU6 - REAR AXLE 3.42 RATIO
IL3 - TRIM INTERIOR DESIGN-
AQ9 - Leather Sport Seats
JL9 - 4-WHEEL DISC ANTI-LOCK BRAKE SYSTEM
K63 - 110 AMP GENERATOR
LS1 - 5.7L LITER SFI V8 - 350HP
MM6 - 6-SPEED MANUAL TRANSMISSION
MN6 - 6-SPEED MANUAL TRANSMISSION
NC1 - CALIFORNIA EMISSIONS LEV
NC7 - FEDERAL EMISSIONS OVERRIDE
NG1 - 50-STATE LOW EMISSION VEHICLE
NK4 - LEATHER WRAPPED STEERING WHEEL
N37 - STEERING COLUMN - POWER TELESCOPING & MANUAL TILT
QF5 - POLISHED ALUMINUM WHEEL
SLM - STOCK ORDERS
T82 - TWILIGHT SENTINEL
T96 - FOG LAMPS
UN0 - AM/FM STEREO W/CD PLAYER
UV6 - HEAD UP DISPLAY
UV7 - WINDSHIELD ANTENNA
UZ6 - BOSE SPEAKER & AMPLIFIER SYSTEM
U1S - COMPACT 12 DISC CHANGER, REMOTE
U52 - ELECTRONIC INSTRUMENTATION
VM3 - CONSUMER INFORMATION LABEL
V49 - LICENSE PLATE FRAME
V73 - STATEMENT OF VEHICLE CERT.-U.S. /CANADA
XGG - FRONT TIRE-P245/45ZR17 BW SBR
YGH - REAR TIRE-P275/40ZR18 BW SBR
Z51 - PERFORMANCE HANDLING PACKAGE
1SC - CORVETTE COUPE PREFERRED EQUIPMENT GROUP 2: DUAL ZONE AIR CONDITIONING, FOG LAMPS, LUGGAGE SHADE AND PARCEL NET, MEMORY PACKAGE, ADJUSTABLE SPORT BUCKET SEAT, POWER PASSENGER SEAT, TWILIGHT SENTINEL, ELECTROCHROMIC MIRRORS: ISRV & LH OSRV, HEAD UP DISPLAY, STEERING: POWER TELESCOPING & MANUAL TILT STEERING COLUMN
11U - LT PEWTER METALLIC
19I - BLACK INTERIOR TRIM
193 - BLACK LEATHER TRIM SEATING

F/S - [PA] 2002 Coupe Pewter Metallic w/18,000 miles
Excellent condition, Bone stock and babied since I purchased September 200. 2nd owner garage kept. Services performed by one of the best GM mechanics there is, Steve Spence at Bryner Chvrolet. Services done under my ownership were oil changes, coolant & brake system flush, fuel injection system cleaned. Driver side tire repaired for a slow leak, balance, reset TPMS; Left & Right door interface modules and EBCM module were replaced under warranty. Still have until September for the GMC Extended warranty.
Even have the VHS tape and leather portfolio including the pen from when the car was new
Reply
Old Jul 26, 2011 | 06:08 PM
  #39  
bdog's Avatar
bdog
Instructor
 
Joined: Mar 2010
Posts: 129
Likes: 0
From: Sacramento CA
Default

I agree with a few above.... take something out of the car for u to remember him by and upgrade! This is a perfect time to do it......
Reply
Old Jul 26, 2011 | 07:47 PM
  #40  
TorchRedRocket's Avatar
TorchRedRocket
Race Director
15 Year Member
Photogenic
Photoriffic
Shutterbug
 
Joined: May 2010
Posts: 16,574
Likes: 13
From: Winfield IN
Default

Is there any particular reason you are actually seeking out higher miles (i.e. 90-100k+)? Just to match as closely to the mileage your car had? You shouldn't have a problem finding a 60k mile car for $15-17k.
Reply



All times are GMT -4. The time now is 02:19 PM.

story-0
10 Ugly Corvettes That We Still Kinda Love

Slideshow: 10 ugly Corvettes that we still kinda love.

By Joe Kucinski | 2026-06-03 10:34:17


VIEW MORE
story-1
Top 10 Most Expensive Corvettes Ever Sold on Bring A Trailer

A lot of money has changed hands at the online auction house over the years.

By Brett Foote | 2026-06-03 10:21:50


VIEW MORE
story-2
10 Things Every Corvette Owner Needs (2026 Edition)

Slideshow: 10 great gifts Corvette enthusiasts actually want for Father's Day!

By Michael S. Palmer | 2026-06-03 11:09:53


VIEW MORE
story-3
8 Most "Only Corvette Owners Understand" Quirks and Problems

Slideshow: These are the quirks, annoyances, and oddly lovable problems that every Corvette owner eventually learns to live with.

By Pouria Savadkouei | 2026-05-28 09:31:39


VIEW MORE
story-4
10 Reasons the C6 Z06 is Still A Performance Benchmark After 20 Years

Slideshow: 10 reasons why the C6 Z06 is still a performance benchmark after 20 years.

By Joe Kucinski | 2026-05-27 17:20:09


VIEW MORE
story-5
How Much Horsepower Every Corvette Engine "LOST" in 1972

Slideshow: How much horsepower every Corvette engine lost in 1972.

By Joe Kucinski | 2026-05-27 16:54:53


VIEW MORE
story-6
Top 10 DOs and DON'Ts for Protecting Your Convertible Top!

Slideshow: How to Protect A Convertible Top: 10 DOs & DON'Ts

By Michael S. Palmer | 2026-04-03 00:00:00


VIEW MORE
story-7
Top 10 Most Explosive Corvettes Ever Made: Power-to-Weight Ratio Ranked!

Slideshow: The 10 most explosive Corvettes ever built based on power-to-weight ratio.

By Joe Kucinski | 2026-05-20 07:23:03


VIEW MORE
story-8
150 hp to 1,250 hp: Every Corvette Generation Compared by the Specs That Matter

Slideshow: From C1 to C8 we compare every Corvette generation by the numbers.

By Joe Kucinski | 2026-05-12 16:54:12


VIEW MORE
story-9
8 Coolest Corvette Pace Cars (and Replicas) of All Time

Slideshow: Some Corvette pace cars became collectible legends, while others perfectly captured the look and attitude of their era.

By Verdad Gallardo | 2026-05-11 09:50:51


VIEW MORE