***Totaled CAR! E92 m3 DTC***

m3an · 10-04-2012, 09:48 PM

Quote:

Originally Posted by aresh

What was the value for your car, they told me 12k so far

In NYS you are allowed to retain the salvage and the insurance company pays you the ACV (value) less the salvage price they are not gonna get from auction. It's your property right? Why wouldn't you be able to?

Anyways PM me a price on the car I am real interested. Thanks.

MStar · 10-04-2012, 10:04 PM

Quote:

Originally Posted by aresh

What was the value for your car, they told me 12k so far

Mine was $32K... i think thats probably why..insurance co figured throw it up on the salvage auctions and see what they get for it...

Report back on what they do for you..GL

AbuArije5 · 10-04-2012, 10:14 PM

Wow I remember seeing this car at local Long Island car meets wow man I can't believe this car is totaled it was so unique g/l

aresh · 10-04-2012, 10:41 PM

Thanks Guys, i have a couple of people that are serious, I will keep this thread updated with more info.

AbuArij35: Yea it was a real head turner, im hoping i can get out of this with something similar

bimmerdiesel · 10-05-2012, 10:07 AM

Quote:

Originally Posted by m3an

In NYS you are allowed to retain the salvage and the insurance company pays you the ACV (value) less the salvage price they are not gonna get from auction. It's your property right? Why wouldn't you be able to?

Anyways PM me a price on the car I am real interested. Thanks.

If you dont have any lien, insurance companies are obliged to take signed approval letter from you to sell it in auction. You can refuse and pay them value. Thats what they told me when I totaled my bike.

mastek · 10-06-2012, 01:16 AM

With the damage you are looking at around $15k to fix (maybe more... depends on who you know and what kind of work they do)
So, the car as it sits is probably worth $15k

There are 2 salvage examples on eBay right now for $19k with much less damage then this

aresh · 10-06-2012, 06:16 AM

the car will retain its clean title and damages can def be fixed for 15k-20k even less if someone owns a shop

Nek0 · 10-06-2012, 03:53 PM

This isn't Alex is it? I've seen this car in Astoria before sorry for your loss

Sean@PYSpeed.com · 10-06-2012, 04:04 PM

hope your alright! sorry for the loss

sharifm3 · 10-06-2012, 05:22 PM

Quote:

Originally Posted by Nek0

This isn't Alex is it? I've seen this car in Astoria before sorry for your loss

That's what I was thinking but Alex' phone number is different .

aresh · 10-06-2012, 06:37 PM

No not alex. Car will be sold. Deposit left by buyer.

aresh · 10-23-2012, 06:59 PM

Car is back up for sale, buyer backed out. Should have the car in my hands by this week

aresh · 11-10-2012, 04:36 AM

I hope everyone is doing ok after sandy, i finally got some power back in this crazy weather. I will have the car by Monday this week. Im paying insurance 15k for the car. Pm if your interested.

M3SQRD · 11-10-2012, 07:59 AM

Sorry to read about your loss; however, glad to hear you are ok! GLWS

BMW Fanatic · 11-11-2012, 11:24 PM

How will the car retain a clean title? Please explain and also glad to see you're okay.

aresh · 11-12-2012, 04:30 AM

At this moment i have the original clean title no lien but i was advised to get it branded salavaged by allstate, the person told me that it can retain clean if i didnt report it totaled. So basically it can retain clean as long as i dont report it dmv.

saxon · 11-12-2012, 06:00 PM

the title will be considered R when the next owner registers it... this is due to allstate claiming it as a total loss (which is why they paid you the difference in value minus the "salvage" value

aresh · 11-12-2012, 08:29 PM

Quote:

Originally Posted by saxon

the title will be considered R when the next owner registers it... this is due to allstate claiming it as a total loss (which is why they paid you the difference in value minus the "salvage" value

Thank you for the input. This seems accurate to me. I know allstate will not report it totaled but they told me it will show value given in the car fax. Im assuming then the buyer would get an R title or it may stay clean. Im not sure.

aresh · 11-12-2012, 09:32 PM

interior shots

fd2s2ke92 · 11-15-2012, 08:54 PM

I see a lady wearing a salwar kamiz and juti in one of the pics?

aresh · 11-15-2012, 10:29 PM

Quote:

Originally Posted by yungaulakh

I see a lady wearing a salwar kamiz and juti in one of the pics?

hahaaa yea thats my mother

fd2s2ke92 · 11-17-2012, 05:38 PM

Quote:

Originally Posted by aresh

hahaaa yea thats my mother

haha oh alright...are you punjabi?

10-04-2012, 10:14 PM	#25
AbuArije5 First Lieutenant 11 Rep 353 Posts Drives: Non Join Date: Mar 2011 Location: New York iTrader: (1)	Wow I remember seeing this car at local Long Island car meets wow man I can't believe this car is totaled it was so unique g/l
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10-04-2012, 10:41 PM	#26
aresh First Lieutenant 31 Rep 369 Posts Drives: 2006 550i Join Date: May 2009 Location: NY iTrader: (1)	Thanks Guys, i have a couple of people that are serious, I will keep this thread updated with more info. AbuArij35: Yea it was a real head turner, im hoping i can get out of this with something similar
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10-06-2012, 01:16 AM	#28
mastek e36s54, e70x5d 151 Rep 1,723 Posts Drives: slow Join Date: Aug 2008 Location: Los Angeles, CA iTrader: (15)	With the damage you are looking at around $15k to fix (maybe more... depends on who you know and what kind of work they do) So, the car as it sits is probably worth $15k There are 2 salvage examples on eBay right now for $19k with much less damage then this
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10-06-2012, 06:16 AM	#29
aresh First Lieutenant 31 Rep 369 Posts Drives: 2006 550i Join Date: May 2009 Location: NY iTrader: (1)	the car will retain its clean title and damages can def be fixed for 15k-20k even less if someone owns a shop
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10-06-2012, 03:53 PM	#30
Nek0 Private First Class 11 Rep 183 Posts Drives: Turbo corn fed E46 M3 Join Date: Jan 2012 Location: Queens NYC iTrader: (0)	This isn't Alex is it? I've seen this car in Astoria before sorry for your loss
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10-06-2012, 04:04 PM	#31
Sean@PYSpeed.com Major General 305 Rep 8,952 Posts Drives: 2009 AW E92 M3 Join Date: Nov 2009 Location: Bay Area iTrader: (22)	hope your alright! sorry for the loss
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10-06-2012, 06:37 PM	#33
aresh First Lieutenant 31 Rep 369 Posts Drives: 2006 550i Join Date: May 2009 Location: NY iTrader: (1)	No not alex. Car will be sold. Deposit left by buyer.
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10-23-2012, 06:59 PM	#34
aresh First Lieutenant 31 Rep 369 Posts Drives: 2006 550i Join Date: May 2009 Location: NY iTrader: (1)	Car is back up for sale, buyer backed out. Should have the car in my hands by this week
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11-10-2012, 04:36 AM	#35
aresh First Lieutenant 31 Rep 369 Posts Drives: 2006 550i Join Date: May 2009 Location: NY iTrader: (1)	I hope everyone is doing ok after sandy, i finally got some power back in this crazy weather. I will have the car by Monday this week. Im paying insurance 15k for the car. Pm if your interested.
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11-10-2012, 07:59 AM	#36
M3SQRD Major General 2103 Rep 5,494 Posts Drives: E92 M3,G20 330ix,F22 240iX,F82 Join Date: Jun 2009 Location: Mid-Atlantic iTrader: (11)	Sorry to read about your loss; however, glad to hear you are ok! GLWS
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11-11-2012, 11:24 PM	#37
BMW Fanatic Banned 135 Rep 3,293 Posts Drives: slow Join Date: Jul 2009 Location: Calgary iTrader: (11)	How will the car retain a clean title? Please explain and also glad to see you're okay.
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11-12-2012, 04:30 AM	#38
aresh First Lieutenant 31 Rep 369 Posts Drives: 2006 550i Join Date: May 2009 Location: NY iTrader: (1)	At this moment i have the original clean title no lien but i was advised to get it branded salavaged by allstate, the person told me that it can retain clean if i didnt report it totaled. So basically it can retain clean as long as i dont report it dmv.
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11-12-2012, 06:00 PM	#39
saxon Captain 220 Rep 880 Posts Drives: s4 Join Date: Oct 2011 Location: pa iTrader: (3)	the title will be considered R when the next owner registers it... this is due to allstate claiming it as a total loss (which is why they paid you the difference in value minus the "salvage" value
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11-12-2012, 09:32 PM	#41
aresh First Lieutenant 31 Rep 369 Posts Drives: 2006 550i Join Date: May 2009 Location: NY iTrader: (1)	interior shots Attached Images
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11-15-2012, 08:54 PM	#42
fd2s2ke92 Banned 25 Rep 204 Posts Drives: S2K,E92 M3, FA5 Join Date: May 2012 Location: USA iTrader: (5)	I see a lady wearing a salwar kamiz and juti in one of the pics?
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