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PostPosted: Sun Nov 11, 2007 4:59 am 
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Location: Somewhere between Heaven and Hell... But it is really hot here on Earth...
2100 miles? Thats sad. I wonder why the owner didn't want the car fixed, with that little mileage. A dealership would be able to put it back together right. For his sake, I hope he had the gap insurance. I didn't take that on mine, but I also don't have much of a note on it.


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PostPosted: Sun Nov 11, 2007 1:52 pm 
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geordi wrote:
2100 miles? Thats sad. I wonder why the owner didn't want the car fixed, with that little mileage. A dealership would be able to put it back together right. For his sake, I hope he had the gap insurance. I didn't take that on mine, but I also don't have much of a note on it.


Ya but even now the vehicle is only 7 months old, figure it took 1-2 months from production to purchase, means it was only on the road 5 months or so, depending on when the accident occured even less often.


IMO, I wouldnt want a brand new car fixed, I would tell them to write me off for the full amount. You can rebuild a car, and it can be very nice, and many times you cant even tell, but its just never quite the same, on an older jeep that I get a good deal on that doesnt bother me. On a Brand new Jeep I just paid 40k for? I'll be picky as hell.
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PostPosted: Sun Nov 11, 2007 2:56 pm 
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Sir Sam wrote:
geordi wrote:
I agree that it looks like it only needs minor repair... But that also looks like an insurance graveyard where the totaled cars go to wait to die or be sold off for what the owner got shafted with as a payout.

That one should be sold to a rebuilder, but I tend to believe that the insurance companies will look at that as just another Jeep, NOT a CRD, and won't ascribe it any special value. That being the case... You *might* be closer to affording it than you think. Depending on the mileage (which will affect the book value) the insurance company most likely only paid out straight-book to the owner once the magic 70% number on the damage estimate was reached. Then subtract the deductible from that, for another $2k (potentially) off... And the insurance company probably would be willing to accept 50-60% (maybe less) than the book-minus-deductible just to be rid of the thing. They are NOT in the business of fixing cars, only paying in and out. They don't WANT the car.

If you really were in a position to want it... Call them, at least then you would have a number to tease us with too.


It's at auction, eventually it will be up for sale.

It has 2100 miles.

Even at the prices your talking thats 10-15k.

Thats more than I make in a year.

If I bought it, fixed it, and sold it, I could make 10-15k on it.

I once saw a $110,000 Mercedes needing about 10K in work sell for $65.

I saw a $150,000 Lamborghini Diablo Needing about 30k in repairs sell for 56k.

I saw a $80,000 Porsche needing 22k in repairs sell for 16k.

I can have my dreams cant I?


Dreams heck, you need a silent business partner that can float you some upfront cash. If I win the lottery (I don't play) I will volunteer.
:P


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PostPosted: Mon Nov 12, 2007 9:46 pm 
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Sir Sam wrote:
DI3S3LKJ wrote:
crossfire


wow your first two posts here where double posts of one confusing word, nice job!


that made me laugh- all in good fun :)


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