Car got rear ended last night
#9
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#11
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I don't know why all you guys sell your miatas because of having kids...My second kid is on the way. Miata useage? 13 second 1/4 mile 29 mpg 2 seater work beater!!!
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I don't think you guys realize that letting them salvage it out or not doesn't really depend on you or if you want to keep it.
It simply depends on value vs $$ paid out.
They give you a check big enough, and its salvage title, whether you "buy it back" or not. Its just a matter of them issuing a salvage retention certificate vs taking your title then giving it back to you branded.
*edit: btw that, to me, looks like about $500-900 worth of damage. Had the same thing happen, exactly the same way, on mine right before I painted it. I was actually really happy it happened LOL
It simply depends on value vs $$ paid out.
They give you a check big enough, and its salvage title, whether you "buy it back" or not. Its just a matter of them issuing a salvage retention certificate vs taking your title then giving it back to you branded.
*edit: btw that, to me, looks like about $500-900 worth of damage. Had the same thing happen, exactly the same way, on mine right before I painted it. I was actually really happy it happened LOL
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Honestly its mostly because of space and money. I don't have anywhere to park a 3rd vehicle and I can't daily a 2 seater with a kid. Also doesn't make sense financially to keep a 3rd car on our insurance and knowing me I would continue to upgrade it and dump money into it. My new dd would be a focus ST so I think I can make that work. I'm sure I could find a way to keep the miata but I just want to be fair to my wife and future family
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Once we get out of our townhouse and get into a single family... I will find another! Lol
But I don't want to try to think that far ahead haha just gonna roll with the punches and whatever happens, happens.... If I end up keeping this car for the long haul, I won't complain. I love it !
But I don't want to try to think that far ahead haha just gonna roll with the punches and whatever happens, happens.... If I end up keeping this car for the long haul, I won't complain. I love it !
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The reason why Ed recommends slavaging it and then getting the money for it is because you'll get a pretty good deal depending on how much money they are willing to sell it for vs how much money you think you can get out of it when you want to sell it. Depending how old this thing is it may not be half bad since you can just junk it and part out the expensive bits instead of trying to get some of your money back.
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Vlad, you're right. But their opinion CAN be swayed by the customer. If it's borderline, you can sway their decision.
Totaling my gray miata and buying it back and fixing it will save me about $6,000 in the end.
Totaling my gray miata and buying it back and fixing it will save me about $6,000 in the end.