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08-12-2019, 02:20 PM | #1 |
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Total loss
So my car was hit and was considered total loss by insurance company. I have option to buy the car back for only 5k less from the insurance company. Considering these motors are no less than 8k anywhere although mine does have 108k on it. Seems like no brainer to buy it back. What u guys think? Anyone looking for a motor? And other parts? Only really has megan racing cat back. But the motor alone seems worth it especially if my friend will pull it cheap.
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08-12-2019, 03:20 PM | #4 | |
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Drives: 2011 E92 M3
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Any photos of the damage? Cheers,
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08-12-2019, 03:37 PM | #6 |
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Everyone always parrots this idea of buying it back, but no one ever seems to consider the logistics of storing said wrecked car, disassembling it and storing the parts,then disposing of whatever is left.
It is a HUGE undertaking that needs a lot of dedicated space, time, tools, and know-how.
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08-12-2019, 03:48 PM | #7 | |
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jk. |
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08-12-2019, 04:09 PM | #8 | |
Stop the hate, get a V8
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Well, this is not the kind of thing where you'll have the car in your garage for a few weeks and then be done with it. Even if you get a buyer for the motor right away, the shell could sit there for MONTHS while you slowly disassemble it and sell the parts. Plus, where do you plan on putting all of the parts you remove? You'd really need a big garage or some sort of separate storage locker off-site. I'd rather take the check and run.
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08-12-2019, 05:23 PM | #9 | |
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Drives: 2011 E92 M3
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Pull out all of the expensive bits in a couple days and then recycle the rest at a wrecker is a quick and dirty way I have done it before (wreckers around me at the very least will pay you for salvage by weight). Diff, exhaust, tranny and engine should easily sell for more than $7K total. After that, any money you get for the shell is just a bonus. The more time you take, the more money you can make (up to a point) but you need the space. But if you do not have space, than take the $$ and run away.
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08-12-2019, 07:19 PM | #11 |
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Have to wonder if the the major components - engine, diff , tranny sustain subtle damage in the wreck that causes them to fail prematurely in the new car.
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08-12-2019, 08:51 PM | #12 |
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Yeah thanks for the advice guys, ill just stay away. Ended up buying 2011 lexus ISF a month ago. FBO this thing is a monster! Still like the way e90 m3 felt on the road though! Best of luck to all u m3 gents and ladies, im sure ill be back, my dream car is 2016 m3 white! 6spd. hopefully sooner rather than later!
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08-12-2019, 09:10 PM | #13 |
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Contact jorge from mpartsworldwide in NJ he might buy the car from you if you get it back.
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