[DeTomaso] Bad news
L GRAY
tipo874a at msn.com
Sat Dec 16 01:04:58 EST 2017
Glad you are ok David. It looks like your roll cage di it's job by keeping the cab from deforming and creating major physical trauma for you. Man I hate hearing about these scenario's ! ! ???????
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________________________________
From: DeTomaso <detomaso-bounces at server.detomasolist.com> on behalf of Mike Drew via DeTomaso <detomaso at server.detomasolist.com>
Sent: Friday, December 15, 2017 9:18:50 PM
To: jtaphorn at kingwoodcable.com
Cc: detomaso at server.detomasolist.com; David
Subject: Re: [DeTomaso] Bad news
JT,
Your recency of experience is illustrative.
I realize that the car I'm helping buy back was not purchased by the owner from the insurance company. Instead it was purchased from Copart, the company that disposes of wrecks for the insurance company. It was an auction affair. It's possible the insurance buyback price to the owner would have been much higher.
We can only wait and see....
Mike
Sent from my iPhone
> On Dec 15, 2017, at 20:55, <jtaphorn at kingwoodcable.com> <jtaphorn at kingwoodcable.com> wrote:
>
> Mike
>
> You may be correct. However, we learned from Hurricane Harvey that the buy back seemed to be a function of the insured amount. The range that I quoted was what we saw for flood cars. I didn't get the perception that intrinsic value of surviving components mattered at all.
>
> Perhaps a consequence of agreed value insurance, once determined to be totaled, the insurance company paid out regardless of area of damage and the buyback was a % of insured amount. The appraisers didn't inventory surviving pieces to determine buyback amount. That is the way it looked to me.
>
> It will be interesting to learn David's experience if he shares it.
>
> JT
>
>
> ---- Mike Drew <MikeLDrew at aol.com> wrote:
>
> =============
> JT,
>
> Given the extent of the body damage I would be very surprised if he had to pay more than $10k to buy it back?
>
> Mike
>
> Sent from my iPad
>
>> On Dec 15, 2017, at 19:32, <jtaphorn at kingwoodcable.com> <jtaphorn at kingwoodcable.com> wrote:
>>
>> Wow David, glad you came through unscathed.
>>
>> I'd consider buying it from the insurance company (probably between $15k & $20k) and selling it on e-ba/forum y to someone with the skills, money and time to restore it. Then buy a nice driver with the gross proceeds.
>>
>> JT
>> ---- David <adin at frontier.net> wrote:
>>
>> =============
>>
>>
>> Before:
>>
>> cid:image003.jpg at 01D375DD.4AA62120
>>
>> Dear Friends,
>>
>>
>>
>> Long known as "Grouchy & Dirty", it takes some tragedy to remind me of who
>> my friends really are.
>>
>>
>>
>> Suffering from low O2 (I have been told) I fell asleep driving the Pantera
>> home from a paint match appt. Through a fence, through the cedar forest,
>> downed a sign, through a cable fence (amazing I wasn't decapitated!),
>> through the air over a driveway and parked in a tree. What we call . . .
>> the Finch?
>>
>>
>>
>> After: https://eur03.safelinks.protection.outlook.com/?url=https%3A%2F%2Fwww.youtube.com%2Fwatch%3Fv%3Dljw43T0mI_8&data=02%7C01%7C%7Cdbfabeced3cd40ffc04408d544448433%7C84df9e7fe9f640afb435aaaaaaaaaaaa%7C1%7C0%7C636489983424556476&sdata=%2FJF%2FwhfsbngS%2FLV6ap1QEe8fTB9i6VbpNl2aRHX4Ps8%3D&reserved=0
>>
>>
>>
>> Insurance says car is totaled, Jim D. says it can be fixed. Options: part it
>> out or fix or sell as a project?
>>
>>
>>
>> Other than some pulmonary issues, that is all the news.
>>
>>
>>
>> Be safe, STAY AWAKE, have fun.
>>
>>
>>
>> All the best?
>> _______________________________________________
>>
>>
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-------------- next part --------------
Glad you are ok David. It looks like your roll cage di it's job by
keeping the cab from deforming and creating major physical trauma for
you. Man I hate hearing about these scenario's ! !
😖😖🏎🏎🏎🏎😖
Get [1]Outlook for Android
__________________________________________________________________
From: DeTomaso <detomaso-bounces at server.detomasolist.com> on behalf of
Mike Drew via DeTomaso <detomaso at server.detomasolist.com>
Sent: Friday, December 15, 2017 9:18:50 PM
To: jtaphorn at kingwoodcable.com
Cc: detomaso at server.detomasolist.com; David
Subject: Re: [DeTomaso] Bad news
JT,
Your recency of experience is illustrative.
I realize that the car I'm helping buy back was not purchased by the
owner from the insurance company. Instead it was purchased from Copart,
the company that disposes of wrecks for the insurance company. It was
an auction affair. It's possible the insurance buyback price to the
owner would have been much higher.
We can only wait and see....
Mike
Sent from my iPhone
> On Dec 15, 2017, at 20:55, <jtaphorn at kingwoodcable.com>
<jtaphorn at kingwoodcable.com> wrote:
>
> Mike
>
> You may be correct. However, we learned from Hurricane Harvey that
the buy back seemed to be a function of the insured amount. The range
that I quoted was what we saw for flood cars. I didn't get the
perception that intrinsic value of surviving components mattered at
all.
>
> Perhaps a consequence of agreed value insurance, once determined to
be totaled, the insurance company paid out regardless of area of damage
and the buyback was a % of insured amount. The appraisers didn't
inventory surviving pieces to determine buyback amount. That is the way
it looked to me.
>
> It will be interesting to learn David's experience if he shares it.
>
> JT
>
>
> ---- Mike Drew <MikeLDrew at aol.com> wrote:
>
> =============
> JT,
>
> Given the extent of the body damage I would be very surprised if he
had to pay more than $10k to buy it back?
>
> Mike
>
> Sent from my iPad
>
>> On Dec 15, 2017, at 19:32, <jtaphorn at kingwoodcable.com>
<jtaphorn at kingwoodcable.com> wrote:
>>
>> Wow David, glad you came through unscathed.
>>
>> I'd consider buying it from the insurance company (probably between
$15k & $20k) and selling it on e-ba/forum y to someone with the skills,
money and time to restore it. Then buy a nice driver with the gross
proceeds.
>>
>> JT
>> ---- David <adin at frontier.net> wrote:
>>
>> =============
>>
>>
>> Before:
>>
>> cid:image003.jpg at 01D375DD.4AA62120
>>
>> Dear Friends,
>>
>>
>>
>> Long known as "Grouchy & Dirty", it takes some tragedy to remind me
of who
>> my friends really are.
>>
>>
>>
>> Suffering from low O2 (I have been told) I fell asleep driving the
Pantera
>> home from a paint match appt. Through a fence, through the cedar
forest,
>> downed a sign, through a cable fence (amazing I wasn't
decapitated!),
>> through the air over a driveway and parked in a tree. What we call
. . .
>> the Finch?
>>
>>
>>
>> After:
[2]https://eur03.safelinks.protection.outlook.com/?url=https%3A%2F%2Fww
w.youtube.com%2Fwatch%3Fv%3Dljw43T0mI_8&data=02%7C01%7C%7Cdbfabeced3cd4
0ffc04408d544448433%7C84df9e7fe9f640afb435aaaaaaaaaaaa%7C1%7C0%7C636489
983424556476&sdata=%2FJF%2FwhfsbngS%2FLV6ap1QEe8fTB9i6VbpNl2aRHX4Ps8%3D
&reserved=0
>>
>>
>>
>> Insurance says car is totaled, Jim D. says it can be fixed. Options:
part it
>> out or fix or sell as a project?
>>
>>
>>
>> Other than some pulmonary issues, that is all the news.
>>
>>
>>
>> Be safe, STAY AWAKE, have fun.
>>
>>
>>
>> All the best?
>> _______________________________________________
>>
>>
>> Detomaso Email List is not managed by POCA
>> Posted emails must not exceed 1.5 Megabytes
>> DeTomaso mailing list
>> DeTomaso at server.detomasolist.com
>>
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>>
>> To manage your subscription (change email address, unsubscribe,
etc.) use the links above.
>>
>> Members who post to this list grant license to the list to forward
any message posted here to all past, current, or future members of the
list. They also grant the list owner permission to maintain an archive
or approve the archiving of list messages.
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