Thread: value of wrecked streetrod pickup?

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To me, that truck is totally fixable....They shouldnt write it off.......Just getting enough money out of the other drivers insurance company will be the thing....Your insurance company should help with that.

truck needs a new fender, bumper and grill it looks like, not too bad. have it appraised. I don't see any more than 2k worth of damage, having a shop fix it, and that truck will appraise for more than 2k for shure.

What you can't see in the picture is that both framerails are bent about 40 degrees to the left at about the point where the idler arm and stabilizer bar bolt up. This is behind the crossmember that the radiator sits on. The parts list of bent sheetmetal and structures (not including the chassis) totals $2058 from LMC. Two body shops have said that they can fix the frame, but I don't think I'm out of line to want it replaced, which the shops aren't interested in getting involved with.
I think the most amicable solution is going to be the insurance paying me full value minus salvage (without tainting my title) and I will personally spend the hundreds of hours necessary to put the thing back together properly with all straight, new stuff. This way I will not have to do battle over inadequate repairs done by bad-attitude, slam-it-out professionals that are being micro-managed on this job by an insurance company guy that is bent on doing it cheap. The insurance company's obligation to provide a rental car will be done when they cut a check, which could make it the cheaper way to go for them.
I have to allow them the opportunity to repair, and I will..... on my terms and by contract!

I personaly use American National Chrome insurance it is by far the most resonable and I have been in your shoes many times. They paid out quickly and never tried to low ball us. Glad to see the truck was repairable to your standards.

I'm glad to see that everything worked out and you got the truck repaired to original condition.

An agreed value policy is definitely the way you want to go. If the other persons' company stalls at paying, your insurer will usually pay to have the vehicle repair to yours and their satisfaction, then thy go after the other insurer. Keeps the customer happy and out of the litigation business.

I currently have my cars with Grundy Worldwide (www.grundy.com) have also had policies with Hagerty (www.hagerty.com). You can also get agreed value insurance from numerous other specialty insurance companies plus regular insurance companies, like State Farm. Just make sure you get an agreed value policy.

Glad to see you sort of came out of it ok. What about the salvage title, is that going to screw up anything licensing wise??? I have heard that salvage titles prohibit the car going back on the road.

Evidently you have checked this out I am sure. Truck looks great BTW. Gotta watch out for those little old ladies, when they panic they always go for the gas pedal.


Don

A salvage title in Arizona is convert-able to a "restored salvage" title which is functionally 100% useable. The downside is that your vehicle is then (supposedly) worth only half as much on the open market and when another incident arises involving insurance companies. Once the vehicle was minimally roadworthy, I was able to take it to MVD for a "level 3" inspection and pay $55 to get the "restored" title. There is no way to ever get rid of this designation except to rebuild the truck on a platform with a clear title. I need to get "agreed value" insurance more than ever now that value could be put into question. Thanks for the responses!