my poor 300
Thread Starter
Racer
Joined: Sep 2014
Posts: 1,811
Likes: 91
From: Scottsdale, AZ
I swear on my life; I HATE, HATE, HATE, insurance companies!!!. All they do is *ick ya around and give ya the shaft and dont give a dang about treating a customer with decency. Whatever happened to honest customer service!. My insurance co. is giving me the run around saying they will only pay me like 6900 when we bought it for like 74 or 7500. I despise these companies with a passion. Geez. 
Driver
Joined: Jan 2014
Posts: 180
Likes: 12
From: TN
Chrome Wheels
Company definitely makes a difference the guy that hit my car had a major and they paid like a slot machine.
Funny story, I had the 300 for years and '09 I got bored and tried to buy an X3 and the guy offered me 6K, I didn't make the trade but would have taken 7. Couple years later the car gets totaled and they offered 14k for the settlement and let me keep my new chrome wheels and wide armrests. 14k was very strong even in ''11. I was too shocked to even ask for more!
I had to add 3k to get my '05 but it was well worth it.
Funny story, I had the 300 for years and '09 I got bored and tried to buy an X3 and the guy offered me 6K, I didn't make the trade but would have taken 7. Couple years later the car gets totaled and they offered 14k for the settlement and let me keep my new chrome wheels and wide armrests. 14k was very strong even in ''11. I was too shocked to even ask for more!
I had to add 3k to get my '05 but it was well worth it.
Lexus Test Driver
Joined: Aug 2009
Posts: 5,723
Likes: 114
From: NJ
Thread Starter
Racer
Joined: Sep 2014
Posts: 1,811
Likes: 91
From: Scottsdale, AZ
Well; i for one sure hope the other guys insurance co. pulls their head out of the clouds; comes back down to earth and realizes that their insured hit me. Now comes the challenge of finding another 300. I did find one on the same lot I picked up the 2000 from but its black. Im not too crazy about black because it shows dirt so easily. But I dont think i have much choice as thats the only one i could really find that fits the bill so to speak. It has 138,000 on the clock and its a 2002. So yea i want to snag that one before someone else decides to but i cant do anything until I fill out a form my insurance co. is sending me. because they wont issue payment for my totaled 2000 until i send that form back to them.
Last edited by matts6887; Dec 24, 2014 at 08:18 AM. Reason: spelling
CL Community Team
Joined: Apr 2001
Posts: 16,557
Likes: 1,385
From: Austin, TX
Technically the insurance company has to find you a replacement (of equivalent) or pay you the cash value (per blue book/prevalent_local_value/what_you_paid-dep.). So you can ask them to purchase the one you found or let them locate one for you.
The other option is to not deal with the other person's insurance company and work with your insurance company. Usually your insurance will like to extricate themselves and leave the matter amongst you and the liable party.
Most expeditious way is to take the cash and shop on your own.
You can lawyer up, but then you must have the capacity to get on with your life till it gets settled. It is a game of patience.
For some their vehicle is worth much more than the blue-book value (I fall in this category).
Salim
The other option is to not deal with the other person's insurance company and work with your insurance company. Usually your insurance will like to extricate themselves and leave the matter amongst you and the liable party.
Most expeditious way is to take the cash and shop on your own.
You can lawyer up, but then you must have the capacity to get on with your life till it gets settled. It is a game of patience.
For some their vehicle is worth much more than the blue-book value (I fall in this category).
Salim
Thread Starter
Racer
Joined: Sep 2014
Posts: 1,811
Likes: 91
From: Scottsdale, AZ
Technically the insurance company has to find you a replacement (of equivalent) or pay you the cash value (per blue book/prevalent_local_value/what_you_paid-dep.). So you can ask them to purchase the one you found or let them locate one for you.
The other option is to not deal with the other person's insurance company and work with your insurance company. Usually your insurance will like to extricate themselves and leave the matter amongst you and the liable party.
Most expeditious way is to take the cash and shop on your own.
You can lawyer up, but then you must have the capacity to get on with your life till it gets settled. It is a game of patience.
For some their vehicle is worth much more than the blue-book value (I fall in this category).
Salim
The other option is to not deal with the other person's insurance company and work with your insurance company. Usually your insurance will like to extricate themselves and leave the matter amongst you and the liable party.
Most expeditious way is to take the cash and shop on your own.
You can lawyer up, but then you must have the capacity to get on with your life till it gets settled. It is a game of patience.
For some their vehicle is worth much more than the blue-book value (I fall in this category).
Salim
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Thread Starter
Racer
Joined: Sep 2014
Posts: 1,811
Likes: 91
From: Scottsdale, AZ
Well; yea I know. But its not that easy Carver. The other insurance co. is probably gonna tell me we have to pay the additional amount if we find a replacement; which i have found on the same lot i picked up the 2000 from. But either way i want that 2002 they have on their lot now even though its black which im not crazy about. Still; it fits the bill so to speak. We are just gonna have to figure out whos gonna pay the addiitonal because we shouldnt have to pay a single cent more out of pocket. If someone does it should be his insurance co. Or I guess my co. will pay what they feel is good which is the 6900 and they will have to go after the other persons co. to get the rest back.
Last edited by matts6887; Dec 25, 2014 at 07:46 AM. Reason: info
CL Community Team
Joined: Apr 2001
Posts: 16,557
Likes: 1,385
From: Austin, TX
matts6887:
Try to separate the the wish form 'fair'. People have experienced extremely sweet compensation and also pretty bad compensation for their material loss.
I certainly wish that you get a sweet compensation, but dont let the situation get the worst of you. Set an unemotional price for your loss and simply insist that the insurance company ponies up or repairs your RX to the standard it was. You can send them quotes for an equivalent replacement the ones you will consider. If you select newer model then to be equiv. they should have higher milage or more cosmetic problems. If they want to make it sweet for you then they will let you trade for better or insist that you come up with the difference. Leave the emotions out of the equation.
Salim
Try to separate the the wish form 'fair'. People have experienced extremely sweet compensation and also pretty bad compensation for their material loss.
I certainly wish that you get a sweet compensation, but dont let the situation get the worst of you. Set an unemotional price for your loss and simply insist that the insurance company ponies up or repairs your RX to the standard it was. You can send them quotes for an equivalent replacement the ones you will consider. If you select newer model then to be equiv. they should have higher milage or more cosmetic problems. If they want to make it sweet for you then they will let you trade for better or insist that you come up with the difference. Leave the emotions out of the equation.
Salim
Thread Starter
Racer
Joined: Sep 2014
Posts: 1,811
Likes: 91
From: Scottsdale, AZ
Well; i went and drove the black rx300 Ive been eyeing that is on the same lot i picked up my 2000 from and it drives and handles very well. This one is a 2002 though. Only thing is the drivers door power door lock doesnt work.(go figure lol) But I have a package of 2 new power door lock motors waiting to be used so hopfully i can get the owner to include the door repair in the deal just as he included the power antenna repair in the deal with my 2000 as he has a mobile mechanic that comes to his lot once a week. . Now i just have to wait for the payment from my insurance co.
Last edited by matts6887; Dec 26, 2014 at 06:47 PM. Reason: editing
CL Community Team
Joined: Apr 2001
Posts: 16,557
Likes: 1,385
From: Austin, TX
Well; i went and drove the black rx300 Ive been eyeing that is on the same lot i picked up my 2000 from and it drives and handles very well. This one is a 2002 though. Only thing is the drivers door power door lock doesnt work.(go figure lol) But I have a package of 2 new power door lock motors waiting to be used so hopfully i can get the owner to include the door repair in the deal just as he included the power antenna repair in the deal with my 2000 as he has a mobile mechanic that comes to his lot once a week. . Now i just have to wait for the payment from my insurance co.
Congrats
Salim