Crashed my 993:(
 

So, Unfortunately I destroyed my beloved car. Total loss. It was a beautiful car that lasted me a whole year. Almost to the day.
I was driving in the rain on summer tires which I don't recommend, but wasn't really thinking about it. The car hydroplaned in the Broadway tunnel heading toward Pac Heights for those that know the area. From the damage you could see the shape of a big concrete pillar that stopped me at about 50mph. I wasn't hurt except for a bruise the size of a toaster on my right hip. It was caused by the seatbelt. Both airbags deployed on myself and a friend (he's fine) riding shotgun, Although they didn't really help much due to the side impact. It was good though to see firsthand how they work!
My insurance said the car would be more than 35,000 to fix, somewhere between 37,000 and 40,000, therefore a TL.

I do have a question for all of you.
What do you think my first offer will be from AAA?

I purchased for 55,000 at 34K miles. The car now has 46,054 miles.
1998 911 Carrera S.

RIP.

My mechanic may be doing the buy back.

In the process of finding a 993 turbo, low miles, either a '97 or '98.

http://forums.pelicanparts.com/uploa...1168565420.jpg http://forums.pelicanparts.com/uploa...1168565459.jpg

BEFORE:
http://forums.pelicanparts.com/uploa...1168565547.jpg

Man, I'm glad you're OK. Sucks about the ride but it's only a car. Post a pic of the replacement when you get it.

Sorry to hear about that! I'm glad you're fine though.

What a sad sight. Blessing you were not hurt. Hope it works out. She was a real beauty.

Sorry about your loss. Glad you are alright. From my having wrecked a car experience. The insurance companies usually take 3 market values for cars for sale in your area. I would say based on cars for sale in your area, you are bound to get about 47k to start and then add tax, registration fees paid and any additional negotiated options, you can probably get $50k back from the insurance company.

Thanks everyone. I did get a first offer from AAA, and yes they do take 3 market values, by an independent claim service, this one called CCC Valuescope. So, any other guesses on the first offer?

I just go the first offer today. Anyone?

I'll say 46,500. Good to see your allright, RIP 993cs

So did I win, how did I do. Another search reveals one at $44,900 so this may skew the offer down to about $45,500 but I have to be close.

Tough Loss. Great looking Car. Im curious how it hydroplaned so easily. I had a similar situation with my 993, but I changed the tires out to Yokos and it seems to have settled it down. glad you are ok

Sorry to hear of your accident. Looks like a really nice car. Glad you were not injured any more (same for your friend) but cars can be replaced and the human body can't.

Cheers

I'd say $42,500- although I hope (for your sake) it's much more but my faith in Insurance companies is low...

I'll give you $100 for the split grille. ;)

Seriously, sorry to hear about your misfortune. Glad you are all right and are looking for a biturbo! :D

George

Sorry about the car, very happy for you and your friend. Your car gave it's life to protect you.

Great to see another Pelican survive unscaved in a fairly serious wreck...sorry for your lose.

-Matt

Ok...since response has been pretty sparse I'll just blurt it out.

first offer: 54,791.42 Not bad!

So, I bought the car for 55K, put 2.5K into new power steering, and, that's about it. It cost me about 5K in taxes, so that's a total of 62.5K.
I think it looks pretty good.

But, I took a look at they cars they compared mine to and here is the break down.
1. 1998 Carrera S / auto trans / fully loaded/ 46,xxx Miles = 48K

2. 1999 Carrera S / no air, no airbag,no cruise, no keyless, no leather, no power windows etc. / 46.5K

3. 1999 Carrera S / 26,xxx Miles / Also no extras / 46.5K

Now, I don't know how they came up with a number higher than those, but I do feel they should compare only '98 carrera S 6speeds because as we all know, for one, the 993 is different than a 996, and the 993 they compared was a automatic.

So should I have them re-do with only 993's?

I just feel this was a first offer and I am still losing out on at least 5K because of tax.

I am glad to hear that you are ok.

Being a gear head I have to ask... If the insurance company offers you a buy back for the car if you are not interested how about passing the opportunity to another bay area porsche nut :) ...

I suspect the insurance company will offer you ~45Kish +- (looked at Kelley Blue Book) with some kind of buy back option on the car. Since I would really like the engine, trans, and brakes off that car I might be able to make your accident not such a bad deal.

Seriously, if you want to make some sort of deal on the remains let me know. I now feel like some sort of ambulence chasing attourney ... but I am just a low life engineer who would really like the remains if you dont.

Hope to hear from you...
Larry Ratcliff

PS:
shoot me an email at larryratcliff@hotmail.com if you want to make some sort of deal I live in Moraga.

The $55k you paid was a year ago at 34k miles. The car has now 12k miles more and is a year older. That warrants $5k in depreciation, don't you think? And repairs or minor upgrades never count towards the value of the car. That insurance offer is very good. Not sure if you will get a whole lot more. I'd take it and move on.

George

That's a good offer in my opinion, have them factor in the new power steering cost and walk away. Also, how new were the tires? If they were new, you could gain some value for those. 5k is not bad for 1 year of car usage in my opinion. Most people lose 5k just leaving the lot. I think the offer might go down with only 993s unless you factor the turbos in, the year is more valuable to the evaluators in my opinion. The question is yours: DEAL OR NO DEAL.

I know this is a good deal. I am really surprised that they offered that high to begin with. But I do think I can get more. Which is what I plan to do.

I need it for my upgrade!

thanks people.

K.

I should have read the whole posting... would still like to buy the remains at your profit... let me know ... just picture that engine sporting around the bay in a 67 porsche :)

It is a fair offer. The attitude of squeezing more out of insurance companies than they owe you is part of the reason why we all get to pay through the nose on premiums.

I alsow wanted to ask if you are aware that you may have trouble insuring the new biturbo with this company and / or others. I doubt it will go unnoticed if you give them too much trouble. ;)

George

I know. I haven't given them any trouble besides of course this accident.

And the whole thing about squeezing, is just a point of view. Put yourself in my shoes.

My insurance company low-balled me the first time (I don't think it was on purpose). They then sent out an appraiser and it was appraised for 1 1/2 times the original proposed amount. They paid the greater amount plus tax and prorated license. You may want to look into getting an appraiser to look at your car.

'98 C2S with low miles is a mid 50's car. 996 values don't have any relation to 993.

Hey, it's free advice, it's worth what you paid for it. ;)

Good Luck,

George

I'm glad you and your buddy are okay. Sorry about the loss on the car. Looks like it was a nice car.
There is no way that the insurance company should be comparing your 993 to a 996. They are two completely different animals. I think the first offer they gave you on the car is a fair one. One of our customers had a C4S with very low miles on it get T-boned at an intersection by an SUV. He decided to fix it. I couldn't believe it, but he did. The car actually came out pretty good.

Sounds like a roughly fair offer. You bought the car for $55K. You put $2.5K into repairs. But you also put some miles and another year on the car. They're offering to "buy it" from you for just under $55K. The amount you paid on taxes is not their problem and shouldn't be part of the equation.

Most importantly, glad you and your buddy weren't hurt.

>The amount you paid on taxes is not their problem and shouldn't be part of the equation.

I don't know it that's true. Insurance is there to replace the car that was wrecked. He will have to pay taxes again when he buys another one to replace it.

Glad to hear you're OK. Look at it this way, your providing good used 3.6 engines for us :)

That offer looks very reasonable.

Did you tell the insurance company (or the people showing you sympathy in this thread) that you wrecked the car because you were drunk and then ran away and hid to avoid going to jail for the DUI?

That's what you posted on your blog, right?

If you say something like this link the blog or don't say it....:rolleyes:

That's sort of cute that you would search this thread out. Am I going to have to take out a restraining order on you?

Kind of a ****ey deal, but am happy you are mostly okay. Better luck on the next one.

...sound of crickets chirping...

Thread starter can close a thread, if I am not mistaken. This would be one to close, I think. SmileWavy

I don't think one can close his/her own thread, but a message to the moderators will restore this thread to what it was before the cheap shot.

It's only a cheap shot if it isn't true... drunks suck. If they're not crashing their Porsche, they're running into mine. :mad:

This is kind of wierd... This thread is a couple of years old ...

I pass that way every day.

So where did you find the concrete pillar...somewhere before Polk St?


Joe
74 911 w/ 86 3.2 conversion