S2k Crash
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S2k Crash
So my 2007 BB with just under 20k miles might be totaled. I'm honestly in a state of severe depression. There ton of dirt/slime near my house and i went right into it doing less than 30. Rear slipped and car went sideways into and over the curb on the other side. I managed to steer away from a fire hydrant by less than 3 inches... or i would've had my face in an airbag. Both front wheels are almost severed from the car. Left rear wheel flew off some where. Fenders are no longer flush with doors (less than 1/4). Crack on front lip and rear bumper.
I'm too depressed to even type properly, but, do you think the car is going to be totaled? There's a lot of damage to anything connected to the wheels. Everything just snapped... If it is totaled, is it worth buying back and selling? The car was in perfect condition with the exception of a paint scratch on the hood. Everything seems to be fine except the things connected to the wheels. Lights, softtop, seats, engine, all still perfect.
I'm too depressed to even type properly, but, do you think the car is going to be totaled? There's a lot of damage to anything connected to the wheels. Everything just snapped... If it is totaled, is it worth buying back and selling? The car was in perfect condition with the exception of a paint scratch on the hood. Everything seems to be fine except the things connected to the wheels. Lights, softtop, seats, engine, all still perfect.
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From: Lehigh Valley, PA
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From: concord
From carinsurance.com
How is my car determined to be a "total loss"?
There are a few variations, but simply: If the cost of repairing the vehicle, plus its salvage value, plus rental reimbursement expense during repair equals or exceeds its actual cash value, it is not economically feasible to repair. This situation is commonly referred to as a "total loss."
A total loss is usually not a good situation even if you hate your car. If you don't agree with the "total loss" determination you typically can get an independent appraisal of the damage (at your expense).
Some companies consider a damaged vehicle a total loss when the total cost to repair it exceeds just 51 percent of the vehicle's actual cash value (because of added storage costs, rental car, etc.), while others don't consider it a total loss until it is at 80% of the ACV.
Add comments of your situation, as insurance companies and adjusters vary in their determination. For example, a new car may be closer to 50% of ACV while an older car may be 90% of ACV before distinguishing it as a total loss. We have also seen some situations that are the opposite.
How is my car determined to be a "total loss"?
There are a few variations, but simply: If the cost of repairing the vehicle, plus its salvage value, plus rental reimbursement expense during repair equals or exceeds its actual cash value, it is not economically feasible to repair. This situation is commonly referred to as a "total loss."
A total loss is usually not a good situation even if you hate your car. If you don't agree with the "total loss" determination you typically can get an independent appraisal of the damage (at your expense).
Some companies consider a damaged vehicle a total loss when the total cost to repair it exceeds just 51 percent of the vehicle's actual cash value (because of added storage costs, rental car, etc.), while others don't consider it a total loss until it is at 80% of the ACV.
Add comments of your situation, as insurance companies and adjusters vary in their determination. For example, a new car may be closer to 50% of ACV while an older car may be 90% of ACV before distinguishing it as a total loss. We have also seen some situations that are the opposite.
Joined: Apr 2009
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From: Windsor, CA
It will be a close thing for insurance. They will need to at least drop and re-shift the front subframe (maybe replace), replace upper and lower control arms and knuckles, wheels, tires, repair/replace the panels and bumpers, et cetera. On the plus side, there was no airbag deployment, which is otherwise very expensive.
Ask your local forum for advice on a shop that knows S2000's. I wish I had done so before selecting my first shop. The first shop did a good job on the body but were totally clueless when it came to fixing the suspension and getting the car to align, and delivered the car with thousands of dollars in unrepaired damages. Insurance still covered me, but it was a long saga that could have been shorter by going to the right shop first.
Ask your local forum for advice on a shop that knows S2000's. I wish I had done so before selecting my first shop. The first shop did a good job on the body but were totally clueless when it came to fixing the suspension and getting the car to align, and delivered the car with thousands of dollars in unrepaired damages. Insurance still covered me, but it was a long saga that could have been shorter by going to the right shop first.
