[DeTomaso] Flooded Pantera in Baton Rouge
Will Kooiman
will.kooiman at gmail.com
Wed Sep 7 23:26:09 EDT 2016
Here¹s another thoughtŠ
The way the braindead politicians are running things these days, the
federal government might have paid for the flood damage.
In that case, they have no incentive to save the Pantera. Think ³cash for
clunkers² logic.
Of course, I don¹t know if that is happening in Louisiana, but it wouldn¹t
surprise me - especially since I just read that we just shipped $400M to
Iran in a final payment of $1.9 BILLION for their ³word² that they won¹t
make any more nukes.
On 9/6/16, 11:21 PM, "DeTomaso on behalf of Jeff Cobb"
<detomaso-bounces at server.detomasolist.com on behalf of jeffcobb1 at me.com>
wrote:
> Chuck,
>
> Thanks for your belief that I could have a clue of these legal and
> money issues of cars I enjoy.
>
> These are items that this flood which is called a "thousand year flood"
> have brought to a massive point and what really worries me are:
>
> --1--What power does the state of Louisiana truly have over me and my
> insurance company if this flood would submerged my cars, state law or
> not?
>
> I know La states power comes in only after Heacock or ?Ins says it is a
> total.
>
> But?
>
> --2--How would Heacock determine when the Ghibli SS, Mangusta, Espada
> II, Bora, 250sl and a Formula 6000 race car are totaled?
>
> What % or $ # of agreed value do they use to determine a total?
>
> I don't think they want to total in La because they cannot get good
> auction money for their bought flooded car for their reimbursement.
>
> Sure would cheaper to fix a beautiful rare car than to total it!
>
> But?
>
> --3--I do understand La state not wanting late model flood cars back on
> the market after being totally submerged.
>
> On Dec 4/2015, I was heading home and a fool lady, who said she ran the
> light on purpose because she was late for a meeting, ran my 97 Jag and
> me over. The car and I landed 61' to my right and pointed back to where
> I just came from. WTF and total blindside???
>
> My medical problem does not allow me to where a 2 or 3 point seatbelt
> since 4/15.
>
> So am lucky to be alive! By the way people and TV station loved the
> sign at corner of my work land.
> From: Jeff Cobb <[1]jeffcobb1 at me.com>
>
> Subject: WBRZ-Channel 2 about my sign
>
> Date: December 28, 2015 at 9:39:31 PM CST
>
> To: family
>
> Just got back from having another MRI.
> I am still chuckling because this tv interview was so cool.
> Channel 2 came over today and said they saw the sign and knew there was
> a story to be told.
> People had called them over and over about it.
> I am so glad that I did something I did not need to do so to help
> unknown others do what they needed to do so not to hurt others. Nice
> little story.
> I laughed my ass off while watching it.
> [2]http://www.wbrz.com/news/new-sign-on-acadian-is-drawing-in-unexpecte
> d-attention
>
> My first wreck since 7/69. Her INS co paid me 20% more than what I paid
> for the car 1 1/2 yr before and then sold me the wreck back for $341. I
> have my broken collarbone to remind me of BONEHEAD drivers, the cool
> 18' long public service sign we put above the car for two months with
> its many unique conversations with strangers and the car so to sell
> parts off of it. Removed and installed the fuel tank in a similar Jag
> last week.
>
> But our thread is about totaled flood destroyed cars.
>
> My other regular drivers, 98 E430 nitrous, 02 SL500, 05 S500, 04 Range
> Rover and 98 F150 would be useless stinky crap after being submarined
> and I would not want them for salvage or anything.
>
> I would take the $, let the state do what they want and buy something
> cool to take their place.
>
> Too many electronics only would hard parts be worth anything.
>
> Now the states law makes sense.
>
> --4--Would Heacock, Grundy and others even try to, care to, give a damn
> to or care to even think about totaling beautiful non computer autos?
>
> I wonder what ins company paid for the wet Pantera, probably a
> mainstream co.
>
> --5--Should I title my cars now in Montana or Oregon where they do not
> destroy these flooded cars?
>
> --6--If my old cars where flood totaled in Louisiana yet titled
> elsewhere would La. take presence and have a right to control and
> scrap?
>
> --7--In our quest of finding the best ins companies, should these type
> of questions be relevant to ask for
>
> knowing who would treat us the best?
>
> I wrote Heacock questions like these today to find out how they stand.
>
> So a 1000 year flood comes, washes away my loved cars, leaves a pile of
> $ in its wake, I may have no capability to buy back these critters and
> I know the state has crushed or something to them. Not a good feeling.
>
> I guess some of you California people are used to this when fires
> ravage your cars.
>
> What a flood of thoughts after a flood.
>
> Thanks for reading all of this,
>
> Jeff Cobb
>
> On Sep 6, 2016, at 7:27 PM, Charles Engles <[3]cengles at cox.net> wrote:
>
> Dear Ed,
>
>
> I am no expert with this topic and I suspect that
> Jeff Cobb knows far more about these things than I do, but the deal is
> that the insurance company has paid the Pantera for his claim. They
> now have, I think, salvage title to the Pantera. The insurance company
> wants to make money and/or minimize their loss on the claim so they are
> interested in selling it for whatever it will bring through Copart,
> who, I suspect, will get a cut of the action. So, IF I understand the
> situation the Pantera won't be scrapped, but it will have it's title
> marked SALVAGE or the Louisiana equivalent.
>
> So, assuming that you bought the Pantera, it would be
> all ready to be parted out. It would be difficult to restore it and
> then try to sell it with a Salvage Title, AFAIK.
>
> Warmest regards, Chuck Engles
>
>
>
>
> From: Ed Mendez [[4]mailto:edducati at mac.com]
> Sent: Tuesday, September 06, 2016 5:19 PM
> To: [5]cengles at cox.net
> Cc: [6]jeffcobb1 at me.com; detomaso
> Subject: Re: [DeTomaso] Flooded Pantera in Baton Rouge
>
> So they scrap cars even if they are classics?
>
> That is criminal if they scrap that Pantera.
>
> Ed
>
> On Sep 06, 2016, at 04:51 AM, [7]cengles at cox.net wrote:
>
> Dear Jeff,
> I thought that perhaps you might reply and I thought
> that you would have a pretty good idea about what is going on with
> these flood damaged sports cars. I am glad that you're OK.
> Warmest regards, Chuck Engles
> On Mon, Sep 5, 2016 at 10:11 PM, JEFFREY COBB wrote:
> Chuck,
> This car may not be for sale in Louisiana though loopholes are
> everywhere.
> Louisiana law states this and even more since this is a disaster area.
> Basically when the insurance totaled paid off and flooded car is free
> of its
> owner,
> it must be scrapped.
> Very sad to leave from after I spent weekend transporting people from
> flood waters to going to
> Monterey week and then back to this. I have one customer who lost 12
> hot rods. I was lucky!
> Most dealers do not have used cars to sell and rent cars are coming in
> from five states away!
> Most did not have insurance because this never should ave happened at
> all!
> Two of my mechanics have been paid $22,000.each by FEMA within three
> days so far for the three feet
> of water in their homes.
> I felt wrong, guilty, confused, bad and sad leaving the next day but
> with my medical condition I could
> not go in butt deepwater
> full of feces, garbage and diesel/ gasoline fuels floating on top to
> help my friends.
> Enjoyed seeing and talking with you deTomaso guys and gals out in the
> dry world.
> Quack quack.
> Jeff Cobb
> Baton Rouge, La.
> 225-907-4514
> Bordinat Mangusta
> -------------------------Newspaper article--------9/1/16-------------
> As of Wednesday, State Farm -- just one of the insurers that serves car
> owners in the area
> -- had received
> almost 18,000 auto claims related to flooding.
> That number was more than double the number of homeowner claims the
> company had received, spokesman
> Roszell Gadsen said.
> With such a large volume, towing companies have been stretched to the
> limit.
> aWeave been working around the clock,a said Ronnie
> Stewart,
> of Stewartas Towing in
> Livingston Parish.
> aItas been hectic and crazy,a Stewart said. He estimated that his
> company, a small one with four
> trucks, had towed more than
> 300 cars since the waters receded.
> There were still plenty more left to be towed.
> aWe probably havenat put a dent in all the cars thatas flooded,a he
> said.
> In East Baton Rouge Parish, the woman who answered the phone at
> Roadrunner Towing said there were
> no words to describe how busy it had been. Roadrunner, which has
> contracts with several local police
> agencies, had towed more than 700 vehicles by midweek.
> Most of the cars are being taken to private towers' yards or large auto
> salvage yards like Insurance Auto
> Auctions in Livingston or Copart in Greenwell Springs.
> Jeanene OaBrien, of Insurance Auto Auctions, said the company is
> handling athousands of cars per day.a
> A caras trip to one of these yards will be the first leg of its journey
> to the compactor or the junkyard.
> When a flood-damaged car arrives at Insurance Auto Auctionsa yard in
> Livingston,
> for example, the vehicle identification number is
> registered with both
> the
> National Insurance Crime Bureau and the National Motor
> Vehicle Title Information System.
> RELATED [1]Why you may not need to file an insurance claim before
> applying for FEMA assistance
> [2]Why you may not need to file an insurance claim before applying for
> FEMA assistance
> People whose flood-damaged homes and vehicles weren't covered by flood
> insurance or with coma|
> The state's Office of Motor Vehicles also will issue a certificate of
> destruction for any
> car that is
> totaled because of a gubernatorially declared disaster. The certificate
> is reported to those
> same national databases as a "fatal brand," or one that should prevent
> the car from being sold for
> anything besides parts or scrap.
> Insurance Auto Auctions sells only to licensed dealers, scrappers or
> dismantlers, OaBrien
> said. Members of the
> public cannot purchase cars from the company's lots in Louisiana.
> The process has improved since Hurricane Katrina, when thousands of
> destroyed cars remained
> under highway overpasses for months, said Jill Jarreau, of the OMV.
> -----------33-3-3-3-3-3-3-3-3-3-3-3-3-3--2-2-2-2--2-2--2-4//5/4-4-4-4-4
> -3-
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> a-c- [11]South Centr
> Louisiana Reminds Insurers of Flooded Vehicle Requirements August 18,
> 2016
> flooded car
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> a-c- [17]1 Comments
> The Louisiana Department of Insurance has issued a reminder to
> insurance companies regarding the Certificate of Destruction title
> requirements for flooded vehicles.
> The department issued the bulletin following the federal declaration of
> disaster due to the recent [18]massive flooding in Southeast
> Louisiana.
> A Certificate of Destruction is a type of title for water damaged
> vehicle that has been declared a total loss.
> The department said that when, as a result of an insurance settlement,
> a motor vehicle is determined to be a total loss due to water damage,
> Louisiana law requires the insurance company acquiring ownership of the
> vehicle to send the certificate of title to the Office of Motor
> Vehicles along with an application for a Certificate of Destruction.
> The certificate and application must be sent to the OMV within 30 days
> from the settlement of the claim.
> Source: Louisiana Department of Insurance
> Related:
> a-c- [19]As Louisiana Surveys Flood Damage, Death Toll Rises
> a-c- [20]AIR Worldwide: Louisianaas Record Rainfall Caused by
> Low-Pressure System
> a-c- [21]6 Dead, Tens of Thousands Evacuated in Louisiana
> Flooding
> Get Insurance Journal subscribe
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> a-c- Categories: [26]Texas / South Central News
> a-c- Topics: [27]auto insurance, [28]Certificate of Destruction
> title requirements, [29]federal declaration of disaster, [30]flooded
> vehicles, [31]flooding in Southeast Louisiana, [32]Louisiana
> Department of Insurance, [33]Office of Motor Vehicles, [34]total
> loss, [35]water damaged vehicle
> a-c- -----------------------------------
> On Sep 5, 2016, at 4:55 PM, Charles Engles < [36][8]cengles at cox.net>
> wrote:
> Dear Forum,
> An insurance adjustor friend of a Pantera friend
> told
> him that this Pantera is flooded and has been totaled and is
> available
> with a salvage title in Baton Rouge.
> It appears to be pretty stock. One picture I did
> not
> include shows the tub with a space saver spare plus the red inflator.
> The pictures seem to show a high water mark above the window sills.
> It seems that this car is *supposed* to be available
> for online auction through: [1][9]http://www.copart.com I have tried
> searching for it three times and can't find it on their site although
> there are lots of flood damaged and other cars there, i.e. Ferraris
> and
> Maseratis, etc, in small numbers.
> Supposedly the value on the car was said to be
> "$10,000". However, all the cars on the site are up for bid with a
> few "drivers" also available for a "buy it now" price. Finally, it
> seems that you have to register and pay a fee before you can bid.
> However, if you're keen for a "deal", then perhaps
> calling the Baton Rouge Copart salvage yard might be advantageous.
> Warmest regards, Chuck Engles
> References
> 1. [37][10]http://www.copart.com/
> <IMG_2523.JPG>
> References
> Visible links
> 1.
>
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>References
>
> 1. mailto:jeffcobb1 at me.com
> 2.
>http://www.wbrz.com/news/new-sign-on-acadian-is-drawing-in-unexpected-atte
>ntion
> 3. mailto:cengles at cox.net
> 4. mailto:edducati at mac.com
> 5. mailto:cengles at cox.net
> 6. mailto:jeffcobb1 at me.com
> 7. mailto:cengles at cox.net
> 8. mailto:cengles at cox.net
> 9. http://www.copart.com/
> 10. http://www.copart.com/
> 11. mailto:DeTomaso at server.detomasolist.com
> 12. http://server.detomasolist.com/mailman/listinfo/detomaso
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