Thanks for all ya'lls help. I didn't know about the sales tax issue. Thanks agin.

It is totaled. Now, we have to come up with the value of the car. I know they will give me what they think is fair to them but I am going to ask for 29K with the hardtop option added to it. I think that is fair.

 

GREAT NEWS!!!!!

Here is the breakdown.


Value of S2000:

$29,360.00

Good Milage 9,500 miles.

$260.00

Hardtop option value:

$2,385.00

Sales Tax:

$2,000.31

Title:

$35.50

Registration:

$35.40

Inspection:

$19.75

Total Cash Market value:

$34,095.96

Deductable:

$34,095.96-$500.00=$33,595.96

My loan balance: $22,963.38

I get my deposit back. What do you guys think?

I think I made out awesome at the end of this ordeal.

 

Looks like you scored and made the best out of a bad situation. I didn't know about the sales tax that you request to get reimbursed from the insurance company. Learn something new everyday from this board.

 

I am an insurance agent. You got the best possible scenario. I am pretty impressed that you were able to get that amount. Kudos to you.

 

excellent outcome!!!!!!!!!!
you can probably find a new 'leftover" 05 for less than what you got for the car alone and have enough for a new hardtop as well. check eBay for some ideas on pricing--right now new 05s appear to be going for around 28-29k (less than what you received!!!)
nice going!

 

JEH just got a Blue 06 today. Go take a look.

 

Since I already have a daily to drive(05 Titan), I'm gonna wait a little bit to make a wise decision. I already had the S2000 experience but there are others out there that I might want to look at also. Maybe a Z06, NSX, G35.....who knows.