Totaled. What's it worth?

[hcbeck2689]

Hey guys, I know I know. This has been done before, but I just want to make sure I am not being screwed by my insurance. I actually have a attorney handling everything for free so I will not be in contact with them.
The insurance told me previously that all PM does not add value to the car and I will not be reimbursed for it. That sounds like horse crap to me :/ Anyways, the attorney said she will see what she can do "about the ZHP package". She didn't seem to care much which kind of pissed me off. She said I can get market value for the car, and I tried to explain to her that the market value is more than the NADA value. Sorry for the rant, just pissed right now.

Car information:
-2003 Silvergray MT sedan
-Gray leather interior 8/10. Only because b pillars were starting to come off a little and driver seat was slightly worn
-exterior 8/10. Although only problems were front hood fade from bra and bumper was scratched. Those parts are destroyed now so the rest looks 10/10
-Motor 135k. All fluids changed within past year. All PM up to date.
-all bushings were replaced before I bought it at 126k~. Fcab, motor, rcab etc
-car needed nothing.

What do you think I should be happy with from insurance?

http://uploads.tapatalk-cdn.com/20160418/ab516d7a368d6eaba0b33fab65542022.jpg


-Holden

[BADCLOWN]

I can't believe that's totaled?

Looks to me like you need a new hood as the headlight/bumper/fender look okay.

Is there frame or motor damage?

[Dr Dynamite]

Sorry bro

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[ELCID86]

Oh no. I'm so sorry. Well speaking from experience--I spoke again to Usaa today. Should get a final payout tomorrow. Are both headlights gone and the radiator? If so, its probably totaled.

The first evaluation i received was $8200 plus tax (@$300).
I have been arguing with them ever since. They use CCC (I believe) as their company that runs "comps". They allow $400 for the ZHP package.

They sent me 3-4 comps. All in the 8,000-8,500 range. Only one was a ZHP and was not listed as such (so seller probably didn't know ). They won't take CL or other ads and want dealer listings of the same year and geographical region. I sent them 3 comps all in the $11k range and was told that CCC said these outlier LSI couldn't be used. I then asked to speak to a supervisor and got a call a day or so later. I explained that this was by no means a collectors car, but did have quite a following and were becoming harder to find as there was a limited production of some 8000+ cars from 2003-2005 for sedans. The manager agreed that 3 comps were not "outliers" and went back to CCC. I also sent her another comp I found.

As of today they are waiting to hear back from CCC with a final evaluation.

Oh, and she did up the condition of the interior, glass, paint, etc from Good to Very Good which added another $600 to the value (@$9100 with taxes).

You should also see about buy back if you want to part it out or repair with a salvage title.
They did ask about recent work on the car and gave some adjustments for that (like $400 worth of new tires equated to $65 increase-ha!)
Let me know if you want me to email you the comps I have. And don't take their initial low offers. Push back and elevate.

[fredo]

Man ! $65 out of $400 is like 15%.

[slater]

shawn, you're buying it back, right?

[hcbeck2689]

I can't believe that's totaled?

Looks to me like you need a new hood as the headlight/bumper/fender look okay.

Is there frame or motor damage?

Haha! (Laughs mixed with tears) everything on the front end is messed up. At least one of the quarter panels is bent.one headlight might be ok. Engine should be fine, coolant system is destroyed.


Oh no. I'm so sorry. Well speaking from experience--I spoke again to Usaa today. Should get a final payout tomorrow. Are both headlights gone and the radiator? If so, its probably totaled.

The first evaluation i received was $8200 plus tax (@$300).
I have been arguing with them ever since. They use CCC (I believe) as their company that runs "comps". They allow $400 for the ZHP package.

They sent me 3-4 comps. All in the 8,000-8,500 range. Only one was a ZHP and was not listed as such (so seller probably didn't know ). They won't take CL or other ads and want dealer listings of the same year and geographical region. I sent them 3 comps all in the $11k range and was told that CCC said these outlier LSI couldn't be used. I then asked to speak to a supervisor and got a call a day or so later. I explained that this was by no means a collectors car, but did have quite a following and were becoming harder to find as there was a limited production of some 8000+ cars from 2003-2005 for sedans. The manager agreed that 3 comps were not "outliers" and went back to CCC. I also sent her another comp I found.

As of today they are waiting to hear back from CCC with a final evaluation.

Oh, and she did up the condition of the interior, glass, paint, etc from Good to Very Good which added another $600 to the value (@$9100 with taxes).

You should also see about buy back if you want to part it out or repair with a salvage title.
They did ask about recent work on the car and gave some adjustments for that (like $400 worth of new tires equated to $65 increase-ha!)
Let me know if you want me to email you the comps I have. And don't take their initial low offers. Push back and elevate.

I would love it if you emailed me the comps, thanks! Email:hcbeck2689@gmail.com
I will probably end up talking to insurance myself since the attorney doesn't know her ass from a hole in the ground.

I definitely plan on buying it back if the price is right. The mechanic I bought it from wants the drivetrain, and the interior should be able to make me some money back. All panels and doors are solid too. No rust on the car at all. I will definitely post a part out thread her first if it comes down to it.

[ELCID86]

Email sent.

Peter, I plan to buy it for a local guy that parts out cars. I don't have room or desire to part it myself.

[san]

Email sent.

Peter, I plan to buy it for a local guy that parts out cars. I don't have room or desire to part it myself.

How much are they quoting for buying it back? if you don't mind me asking...

[BADCLOWN]

I figured cooling system was trashed. I just can't see the damage warranting a total I guess.

[BimmerDude]

Dude thats totally fixable as long as the motor is damaged. please send a shot with the hood open.

[fw_fw]

There is at least $3 grand in OE parts alone that are visible that we know will have to be replaced, and that's without knowing what is messed up under the hood or with the suspension or if an airbag went off. Add all that, plus paint and labor......Yes, it is fixable....anything is fixable. When the car was 2 years old the insurance would fix this no questions asked, however on a 12 year old car, 135K miles, that has depreciated to under $10K book value?? As far as looking at financials the insurance company is looking at...it's totaled.

[hcbeck2689]

Dude thats totally fixable as long as the motor is damaged. please send a shot with the hood open.
Like the quote below says, it is fixable but not worth it. I don't want the car with a savage title on it. It is now at a storage facility very far from me so I can't get a shot of hood popped. But I looked in there and everything was shot. The front subframe would need to be replaced as well as it looked bent.

There is at least $3 grand in OE parts alone that are visible that we know will have to be replaced, and that's without knowing what is messed up under the hood or with the suspension or if an airbag went off. Add all that, plus paint and labor......Yes, it is fixable....anything is fixable. When the car was 2 years old the insurance would fix this no questions asked, however on a 12 year old car, 135K miles, that has depreciated to under $10K book value?? As far as looking at financials the insurance company is looking at...it's totaled.
Agreed.

[hcbeck2689]

http://uploads.tapatalk-cdn.com/20160419/ab30264016506277439d479f2745367c.jpghttp://uploads.tapatalk-cdn.com/20160419/a32ce41ccf7b17e5ae0a7d5463f5505b.jpghttp://uploads.tapatalk-cdn.com/20160419/054fad538f52bacb5cac44e9d9686279.jpg
This will give a better idea. I don't know if you can see the bend in quarter panel or not. Maybe if you zoom in.


-Holden

[Vas]

I would have it repaired.

[BimmerDude]

I would have it repaired.

Ive been working on BMW for a long time mainly e36's and Ive learned a trick or two. Yes OEM parts will cost you an arm an a leg. If you not willing to do the work your not willing to do it. I get that. but saying you dont want a salvage title is pretty vain ( no offense ) its a zhp... fix it and drive it till the wheels fall off.

there are a few ways of going about his

#1. Buy your self a 325i same color and year parts car.. rear end damage. If you did that Im sure you could come in well under 3k if you did the work your self. That bumper is in rough shape but its savable. Heck even your headlights didnt crack.

#2. Ive repaired many bmws with similar front end damage. If the wreck didnt touch the frame rails your golden.I compiled a short list of parts you can buy to get the ball rolling. ( yes i have nothing better to do right now )

Core support (New) vs (Used OEM) vs (Aftermarket)
New 326$ (shipped)
http://www.ebay.com/itm/NEW-BMW-E46-323i-330i-Radiator-Support-with-Cross-Member-Genuine-51-71-7-111-691-/361240788614?hash=item541ba0fe86:g:52oAAOSw34FVAvt 9&vxp=mtr
Used 189$ (shipped)
http://www.ebay.com/itm/BMW-E46-3-Series-Front-Core-Support-Radiator-Mount-Frame-Rail-Assembly-/161986490806?hash=item25b725b1b6:g:gO4AAOSwzgRWy-Oe&vxp=mtr
Aftermarket (shipped)
http://www.ebay.com/itm/BMW-E46-323i-328Ci-330i-Radiator-Support-with-Cross-Member-EZ-51717111691-/321774063168?hash=item4aeb3a8e40:g:xcYAAOSwstxVcDi m&vxp=mtr

Bumper Support (New) vs (Used OEM) vs (aftermarket)
New
No need to mention if used is in good shape
Used 69$ shipped
http://www.ebay.com/itm/BMW-OEM-E46-2004-01-05-325i-Front-Bumper-Support-Reinforcement-Beam-Core-/152055721261?hash=item23673a2d2d:g:58cAAOSw3mpXERh E&vxp=mtr
Aftermarket
No need to mention if used is in good shape

Bumper Support (Guides)
New 29$
OEM
http://www.ebay.com/itm/Genuine-BMW-E46-323i-325i-328i-330i-Front-Left-and-Right-Bumper-Cover-Support-/121959308558?hash=item1c65575d0e:g:ZF4AAOSwE99W6wA z&vxp=mtr

Hood
New Aftermarket (OE Replacement) 351$ shipped
http://www.ebay.com/itm/CAPA-Hood-Front-Panel-325-330-Sedan-E46-3-Series-E90-325i-BM1230115C-41617042893-/231766445569?hash=item35f65b4e01:g:EHIAAOSwI3RW-3HQ&vxp=mtr

These are some of the major components shipped to your door for 638$ tax free. with a little bit of elbow grease and weekend you could easily transform that front end . Of course if the frame rails are straight.

[ELCID86]

Looks pretty familiar.... Totaled.

http://uploads.tapatalk-cdn.com/20160419/16778e2f7b5b99d91586be2445eeacae.jpg

[hcbeck2689]

Looks pretty familiar.... Totaled.

http://uploads.tapatalk-cdn.com/20160419/16778e2f7b5b99d91586be2445eeacae.jpg

Are those kidney grills for sale?

[hcbeck2689]

In all seriousness I just don't have the time or money right now. I just bought an m3 so as soon as I get my check from insurance I am paying off the loan on that. If anyone wants to buy the car and fix it I am more than willing to do that. As soon as I get my BMW perf exhaust off :). That's going on the ///m


-Holden

[BimmerDude]

Looks pretty familiar.... Totaled.
http://uploads.tapatalk-cdn.com/20160419/16778e2f7b5b99d91586be2445eeacae.jpg

:facepalm

[az3579]

I figured cooling system was trashed. I just can't see the damage warranting a total I guess.

Dude... a good scratch will total our cars. lol
They're pretty worthless nowadays, from an insurance perspective.

[hcbeck2689]

Dude... a good scratch will total our cars. lol
They're pretty worthless nowadays, from an insurance perspective.

This.

I wish it wasn't the case though. I put a lot of love in that thing.

[az3579]

This.

I wish it wasn't the case though. I put a lot of love in that thing.

It's all a part of owning an old car. We know the risks...
Imagine how I feel. If I was to turn around and sell my car right now, as it sits, I'd be damned lucky to get 4 grand for it. :(
I probably would get more of an insurance payout than the car is worth... which is really sad.

[ELCID86]

I probably would get more of an insurance payout than the car is worth... which is really sad.

The bright side. ??

[slater]

The bright side. ??

the bright side, is the car is worth a decent amount in parts... you can't say that about more mundane vehicles. :)

[az3579]

The bright side. ??


the bright side, is the car is worth a decent amount in parts... you can't say that about more mundane vehicles. :)
There isn't really a bright side... Lol
I still wouldn't come close to the value of an average ZHP if I parted out what I have the capability of parting with my skill set - assuming I had the space to store said parts, which I don't. :(

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[Pip]

Do you have an m3 thread yet?


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[hcbeck2689]

Do you have an m3 thread yet?


Sent from my iPhone using Tapatalk

No, I need to get on it

[MrAdventure]

If you decide not to restore it, and you don't have the ability to part it out, you could probably sell it to someone who can do one of those. Think of it like organ donation :D

Good luck on whatever you decide.

[ELCID86]

Usaa isn't budging any more :-( final is @$9275 with tax (payout if $500 less per my deductible)).

[hcbeck2689]

I hope I can get that.


-Holden

[ELCID86]

Stick to your guns and don't cave. I think you can. I wish I'd gotten more. Just not many 04 sedans at dealers in the SE USA right now.

[hcbeck2689]

I got a call from insurance agent and they said they were giving me $5700 after all is added up. I got pretty sassy pretty fast.


-Holden

[hcbeck2689]

I would appreciate anyone's help to find more comps. I don't think insurance understands that the difference in a $7000 car and a $$12000 is all that money in pm.


-Holden

[BimmerDude]

I would appreciate anyone's help to find more comps. I don't think insurance understands that the difference in a $7000 car and a $$12000 is all that money in pm.


-Holden

Im pretty sure they are doing the adjustment as if its a standard 330i.

[BMWCurves]

I would appreciate anyone's help to find more comps. I don't think insurance understands that the difference in a $7000 car and a $$12000 is all that money in pm.


-Holden

Although they're not not all comparable (different colors, etc), here are some recent ads for ZHPs with similar mileage and a manual transmission:

2003 sedan, TiAg, 6MT, 107k miles, $12,000 - http://raleigh.craigslist.org/cto/5553402312.html
2003 sedan, Silver Gray, 6MT, 132k miles, $7,500 - http://columbusga.craigslist.org/cto/5543737221.html
2003 sedan, Imola, 6MT, 132k miles, $9,300 - http://houston.craigslist.org/cto/5531084836.html
2003 sedan, Black, 6MT, 138k miles, $10,999 - http://phoenix.craigslist.org/nph/cto/5555350259.html
2003 sedan, Imola, 6MT, 150k miles, $8,800 - http://albany.craigslist.org/cto/5537578119.html
2003 sedan, TiAg, 6MT, 159k miles, $13,000 - http://dallas.craigslist.org/ndf/cto/5546975744.html
2004 sedan, Black, 6MT, 107k miles, $11,000 - http://portland.craigslist.org/mlt/cto/5541541218.html
2004 sedan, MB, 6MT, 120k miles, $10,000 - http://phoenix.craigslist.org/wvl/cto/5549110337.html
2004 sedan, Black, 6MT, 136k miles, $9,900 - http://stockton.craigslist.org/cto/5534558516.html
2004 sedan, Black, 6MT, 155k miles, $8,000 - http://tampa.craigslist.org/hil/cto/5550231531.html
2004 coupe, Silver Gray, 6MT, 114k miles, $8,500 - http://tampa.craigslist.org/pnl/cto/5536489860.html
2004 coupe, Black, 6MT, 155k miles, $8,000 - http://washingtondc.craigslist.org/nva/cto/5524207199.html
2005 coupe, MB, 6MT, 142k miles, $9,000 - http://westernmass.craigslist.org/cto/5555191289.html

[ELCID86]

I can't give you any more than I've already given. My payout was $8700 (after $500 deductible).

Don't take that offer.

[ELCID86]

They want dealer ads not CL. Needs to be same year and geo location too (if they are like Usaa).

[BMWCurves]

Blah. That I can't help with really. That's an annoying policy but I can understand it. Unfortunately our cars are relatively rare so in some locations it makes it really hard to find comparable cars. Whereabouts in the country are you, Holden?

[hcbeck2689]

Blah. That I can't help with really. That's an annoying policy but I can understand it. Unfortunately our cars are relatively rare so in some locations it makes it really hard to find comparable cars. Whereabouts in the country are you, Holden?

I'm in NC. I haven't found any at dealerships other than one in my town. It's a vert tho

[ELCID86]

I can send you what Usaa used as comps on mine (you already have the ones I found online, they won't accept those?)

[chacend]

http://www.roadtripcarolinas.com/web/used/BMW-330iA-2004-Greenville-SC/1870056/

Here's one. A bit less miles though.

[hcbeck2689]

I just got off the phone with them. They want same year and model. I do not think location in us matters. They said they would look at CL listings.
I'm trying to give them all top notch examples of a zhp considering mine was spotless. I'm not comparing mine to a car with paint damage, torn interior, and a list of pm that needs to be done."


-Holden

[hcbeck2689]

Oh, they did up it to $7500 after doing some research. I sent them some of you comps, curves. Thanks


-Holden

[BMWCurves]

Oh, they did up it to $7500 after doing some research. I sent them some of you comps, curves. Thanks


-Holden

Glad to help, hopefully you'll find some more that'll boost their payout.

[hcbeck2689]

Glad to help, hopefully you'll find some more that'll boost their payout.

I did, but one of yours was a good one. It's kinda close to me too. Hmmm

[hcbeck2689]

Gonna post this question here bc I don't feel like making another thread unless it get more serious.
But... Been throwing around the idea of doing something with the zhp. I just hate to see a beautiful car go to waste. Anyone have any ideas that wouldn't break the bank? Engine swap, Frankenstein, etc

There's 2000 x5 with bricked engine for 1600. I'm thinking it wouldn't be too hard to drop the m54 in it(maybe it already has it??) and if I could get it to be a 6 speed that would be sweet


-Holden

[BMWCurves]

More out there, but what does a LS swap cost to do? Would be a hoot.

[az3579]

More out there, but what does a LS swap cost to do? Would be a hoot.

If you have to ask... lol

[ELCID86]

Part it out?

[Scott ZHP]

There's 2000 x5 with bricked engine for 1600. I'm thinking it wouldn't be too hard to drop the m54 in it(maybe it already has it??) and if I could get it to be a 6 speed that would be sweet


-Holden

2001 was the first X5 model year with the M54. A 2000 E53 X5 will have the 4.4 V8. Still do-able, but you're going to need a harness swap and the DME.
Different rad too.

[hcbeck2689]

Part it out?
This is what I have been planning, but it will take forever to get rid of all the body parts, and I hate tearing up such a beautiful car. It would make a solid track car.

2001 was the first X5 model year with the M54. A 2000 E53 X5 will have the 4.4 V8. Still do-able, but you're going to need a harness swap and the DME.
Different rad too.
So really better going with 2001 on. So if I got one with an m54 it would be pretty much straight swap. I'd have to put the 6speed in too of course.

[ELCID86]

This is what I have been planning, but it will take forever to get rid of all the body parts, and I hate tearing up such a beautiful car. It would make a solid track car.



True.

[Scott ZHP]

So really better going with 2001 on. So if I got one with an m54 it would be pretty much straight swap. I'd have to put the 6speed in too of course.

Yep.

And only a tiny fraction of E53's came with a manual trans. Finding the pedals on the cheap might be a challenge to convert an auto. Doubt the 6speed was ever used in the E53, so all bets are off on the trans fitting fitting. This could be a big deal, as the front transfer case hangs off the back of the trans.

Best bet is to find a 5-speed E53 and swap your engine, keeping the E53's flywheel/clutch/transfer case. All manual E53's had the M54 in the US.

[hcbeck2689]

Yep.

And only a tiny fraction of E53's came with a manual trans. Finding the pedals on the cheap might be a challenge to convert an auto. Doubt the 6speed was ever used in the E53, so all bets are off on the trans fitting fitting. This could be a big deal, as the front transfer case hangs off the back of the trans.

Best bet is to find a 5-speed E53 and swap your engine, keeping the E53's flywheel/clutch/transfer case. All manual E53's had the M54 in the US.

Cool. It could work if I could find the right shell. I've been wanting an x5 recently.

Update on the insurance. I just got off the phone with Geico and the adjuster said they will be able to use some of my CL postings as comps. They are waiting on final approval from a supervisor. She's supposed to call me back Monday or Tuesday. We'll see what happens. :praying

[ELCID86]

I hope they take care of you. Just sold Colin's car to a local guy who plans to get it back on the road --which I am very thankful for and happy to hear.
He bought the NB interior also.

[san]

I hope they take care of you. Just sold Colin's car to a local guy who plans to get it back on the road --which I am very thankful for and happy to hear.
He bought the NB interior also.

It must be sad to see it go, but atleast he's going to fix it up :thumbsup

[ELCID86]

It must be sad to see it go, but atleast he's going to fix it up :thumbsup

Yeah. I wish I had space and ability to do it. I think for a few thousand bucks he's going to put a nice car on the road.

[hcbeck2689]

Just got off the phone with insurance agent. She came back with $10,300 and I think final price of $10,600 after they pay tax and whatever. I am stoked about it. Especially after they offered me $5300 3 weeks ago.

They forgot to get a salvage value for me so they are going to call back. If anyone is interested in parts off of it let me know. I'm on the fence about the buyback.

-Holden

[fredo]

Congrats ! Sounds like a good deal IMHO.

[ELCID86]

Good deal Holden.

[BMWCurves]

$10,600 is a much better deal

[san]

+1 good deal


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