Had an accident, help..
02-12-11, 07:23 AM
#1
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Had an accident, help..
My name is Emery and I am from Tallahassee, Florida. I have a Deep pearl gray Lexus IS300. ...Though I hate to say I had an accident yesterday. Pulled out onto a road and someone traveling 80 mph on a 45 mph road hit me, the back looks bad. I'm not at fault for the accident, the other guy is paying for it. My car got taken to a quality collision center and that's all I know right now, have not heard back from them yet... I pray that they can fix my car, I love my car, wouldn't want any other car. I'm very worried about it. I need help....I was wondering if the community could take a look at these pictures and give me an estimate what the cost to repair this might look like and if it can be repaired. Here are some pictures of my IS300 after the crash.
02-12-11, 12:28 PM
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Definitely has frame damage since it's hit from the corner like that.
I'm thinking at least 6 or 7k worth of damage
Seeing as IS300 value is at around $6,000 (assuming it is a 2001-2002 with 100k+ miles)
I'm thinking the insurance company is going to declare it a total loss, because the cost to repair will be greater than 65% of the cars value.
Maybe if your IS300 is a 2005 with very low miles they might fix the car since the cars value is a little more.
Most likely your insurance company will give you like 7-9k for the car minus the cost of your deductible
You could probably ask to buy back your car (probably under $1000) and try to fix it if you like.
You would still get $7-9k minus cost of deductable and minus the buy back cost.
Could use the money to rebuild or could use the money to buy a different car.
You can swap parts from your crashed IS300 onto your new IS300 and part out the rest of your car.
From parting out your car you will make back more money than you spend on buy back. (
but obviously it is a little work taking parts off and taking pictures and selling online)
I'm thinking at least 6 or 7k worth of damage
Seeing as IS300 value is at around $6,000 (assuming it is a 2001-2002 with 100k+ miles)
I'm thinking the insurance company is going to declare it a total loss, because the cost to repair will be greater than 65% of the cars value.
Maybe if your IS300 is a 2005 with very low miles they might fix the car since the cars value is a little more.
Most likely your insurance company will give you like 7-9k for the car minus the cost of your deductible
You could probably ask to buy back your car (probably under $1000) and try to fix it if you like.
You would still get $7-9k minus cost of deductable and minus the buy back cost.
Could use the money to rebuild or could use the money to buy a different car.
You can swap parts from your crashed IS300 onto your new IS300 and part out the rest of your car.
From parting out your car you will make back more money than you spend on buy back. (
but obviously it is a little work taking parts off and taking pictures and selling online)
Last edited by llllllllll; 02-12-11 at 12:47 PM.
. Just get another one!
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02-13-11, 10:55 AM
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Yeah it's a 2003 IS300 with like 125,000 miles... dang and what if the frame isn't damaged too badly, can they still fix it? I've never had to deal with this kind of thing..
02-13-11, 12:03 PM
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Hi KPC, you're in Tallahassee? Oh wow that's awesome man, I get a report from Quality Collision hopefully Monday. Making money you say? Tell me more
02-13-11, 02:58 PM
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Nexus you should let KPC have the buy back so he can make money parting it out if you're not gonna do it.
If you don't buy it back or let KPC get it, your insurance company is just gonna sell the car to a junk yard and they will make money parting it out..
hellz yeah!
If you don't buy it back or let KPC get it, your insurance company is just gonna sell the car to a junk yard and they will make money parting it out..
hellz yeah!