Damage cost opinions

[neckbone]

Well, Lexus has once again done it's job and kept my wife safe and unharmed. A lady in a Uhaul changed lanes into her on the interstate and got the entire passenger side. Wife's a little sore, but uninjured thankfully. It looks like any estimate is a week out so no idea if they'll try to fix it or not. Anyone have any thoughts on a repair estimate?

Front door opens w/ some effort, rear door does not open.

 

[neckbone]

 

[neckbone]

I have a bad feeling that they're going to try to repair it. If she got the corner panel, or one of the doors, I would be able to stomach a repair, but it's the entire passenger side. Any repair is going to kill the resale on this.

I started a claim with the other drivers company, but do not trust them so I'm going through mine (USAA) and I'll let them chase the other company for reimbursement. BTW, trying to find a full size SUV rental is damn near impossible right now.

 

[tacoduck]

Year and mileage? I’d hope for total. Take it to Lexus to get the quote. They love a 30k estimate to fix. Point out the flat tire, which means 4 new tires, etc etc. sucks, but I wouldn’t want a major incident truck.

 

[VX-R]

Also remember to mention your diminished value claim if they don‘t total it.

br
jesper

 

[kcjaz]

From the pics I’d say it’s somewhere in the $20 vicinity to repair. Not sure your year and miles or your states total loss rules but my guess is that it won’t be totaled as I’d guess the value of your pre-accident truck is mor that $30k.

The estimate for this:

is $29K. I’ve got deeper damage to the fender and am into the apron but it’s about the same body panels as yours.

It’s funny how we all have different perspectives. I’m working hard to get insurance to pay for the repair. The last thing I want is for it to be totaled as I have over $35k in mods. If it is totaled I’ll be buying the salvage truck back and fixing it. In my case, I don’t give crap about resale value as I’m not ever selling it. What I care about is the time and money I’ve put into the truck and the known mechanical condition. I don’t want a new rig that I have to start a build from scratch on. If she was stock, that would be different so I get where you are coming from though I’d probably still want to repair, and take the diminished value to pay for sliders and a aftermarket front bumper…

 

[SF1911A1]

From the pics I’d say it’s somewhere in the $20 vicinity to repair. Not sure your year and miles or your states total loss rules but my guess is that it won’t be totaled as I’d guess the value of your pre-accident truck is mor that $30k.

The estimate for this:
View attachment 3355814

is $29K. I’ve got deeper damage to the fender and am into the apron but it’s about the same body panels as yours.

It’s funny how we all have different perspectives. I’m working hard to get insurance to pay for the repair. The last thing I want is for it to be totaled as I have over $35k in mods. If it is totaled I’ll be buying the salvage truck back and fixing it. In my case, I don’t give crap about resale value as I’m not ever selling it. What I care about is the time and money I’ve put into the truck and the known mechanical condition. I don’t want a new rig that I have to start a build from scratch on. If she was stock, that would be different so I get where you are coming from though I’d probably still want to repair, and take the diminished value to pay for sliders and a aftermarket front bumper…

The OP’s looks like a completely stock truck, so he wouldn’t have the same desire as you to keep it. In his shoes I would want it totaled and then to buy it back and make it a dedicated trail rig.

 

[kcjaz]

The OP’s looks like a completely stock truck, so he wouldn’t have the same desire as you to keep it. In his shoes I would want it totaled and then to buy it back and make it a dedicated trail rig.

Salvage values are nuts and while I get what you are saying that math isn’t likely to work out. For mine, the first offer by insurance was $41,500 (no credit for mod value) and they total the truck. Salvage value would probably be $20-$25K. Repair estimate $29K. So, better to repair than total.

If the value of the vehicle is more than the repair plus salvage value then I’d course this works but if that is the case, it won’t likely be totaled.

 

[neckbone]

'13 LX570, 140k miles. HAHA, it's being taken to the body shop our Lexus dealer in town sends their customers. Ours doesn't do body work. Hoping for a big number and no whammy.

Salvage values are nuts and while I get what you are saying that math isn’t likely to work out. For mine, the first offer by insurance was $41,500 (no credit for mod value) and they total the truck. Salvage value would probably be $20-$25K. Repair estimate $29K. So, better to repair than total.

If the value of the vehicle is more than the repair plus salvage value then I’d course this works but if that is the case, it won’t likely be totaled.

Yeah, if ours was like yours, I'd definitely be hoping for repair but we have a mall crawler. This is my wife's daily, so it's not getting built unfortunately. I've built my 470 so I'll be sticking with that. According to what I'm seeing on SC laws, if salvage plus repair costs are greater than 75%, it's a total loss. From what I'm seeing, I'm thinking fair value for it is $32-35k with our year and miles. That would put salvage and repairs needing to be around $24-26k to total it out. If the repair comes in at $20, that should secure it. For us, not losing $5-10k value once it's repaired is high on the importance factor. We don't plan on keeping it forever.

 

[Sandroad]

Good to know your wife is ok. The heavy LX took damage, but didn’t flip or get pushed into other traffic by the Uhaul. Score a big one for Lexus. The other stuff is just money.

 

[05ls430518]

That's totaled 100% any rear quarter damage that crinkles like that is going to be totaled out 99% of the time.

 

[kcjaz]

According to what I'm seeing on SC laws, if salvage plus repair costs are greater than 75%, it's a total loss. From what I'm seeing, I'm thinking fair value for it is $32-35k with our year and miles.

This part is interesting. When I first googled the total loss rules for Kansas, I found exactly what you are saying above on several web sites but when I actually went to the Kansas DMV web site, the rule was "loss of 75% or more of fair market value". not "repair plus salvage". I 100% know that my insurance company is interpreting this a the only repair estimate must be less that 75% of the fair market value, they are not adding the salvage value into the equation. The 75% is not a firm number as the repair estimate is just an estimate and the insurance co worries/expects supplemental claims once the repairs start. Mine worked out to 73% but the 2% difference is only $800 and is a risk for the insurance co. SC DMV reads pretty close to KS:

In your case, as the fault of the accident was the other driver, diminished value should come into the equation in terms of "loss of value" so it would at least seem to make logical sense that repair plus diminished value would be the threshold.

I don't mean to belabor this, its just that I've been dealing with my situation and the insurance co for 6 weeks now and I'm a bit like Rainman watching Wapner on this topic. I'm glad your wife and no one else got hurt and I hope you get what you want out of this.

 

[neckbone]

This part is interesting. When I first googled the total loss rules for Kansas, I found exactly what you are saying above on several web sites but when I actually went to the Kansas DMV web site, the rule was "loss of 75% or more of fair market value". not "repair plus salvage". I 100% know that my insurance company is interpreting this a the only repair estimate must be less that 75% of the fair market value, they are not adding the salvage value into the equation. The 75% is not a firm number as the repair estimate is just an estimate and the insurance co worries/expects supplemental claims once the repairs start. Mine worked out to 73% but the 2% difference is only $800 and is a risk for the insurance co. SC DMV reads pretty close to KS:

View attachment 3356108

In your case, as the fault of the accident was the other driver, diminished value should come into the equation in terms of "loss of value" so it would at least seem to make logical sense that repair plus diminished value would be the threshold.

I don't mean to belabor this, its just that I've been dealing with my situation and the insurance co for 6 weeks now and I'm a bit like Rainman watching Wapner on this topic. I'm glad your wife and no one else got hurt and I hope you get what you want out of this.

I'm glad you posted this. I just googled and saw the repair+salvage part. I thought that was weird, because if you add the two, that wouldn't take much damage to equal 75%.

 

[75Denver]

Glad to hear the family was okay and the vehicle did its job. This may require a bit more legwork on your end, but get the job done right with OEM factory parts. The next crash, whether you or your wife won’t be as safe. Something I learned recently, is that after every crash, it’s in the OEM crash guide to replace seatbelts. Insurance companies cannot deny the OEM argument . They tell you they can’t cover the amount, but the truth is they don’t want to cover the amount. Paint and body is more than just looks and resale. Find a repair shop that’ll use only OEM parts. Crap, look up and site this case number and then you’ll get their attention.

How Safe are aftermarket parts at a local auto body shop or mechanic? | Middlekauff Ford

How Safe are aftermarket parts at a local auto body shop or mechanic? | Middlekauff Ford

www.middlekauffford.com

 

[bloc]

This part is interesting. When I first googled the total loss rules for Kansas, I found exactly what you are saying above on several web sites but when I actually went to the Kansas DMV web site, the rule was "loss of 75% or more of fair market value". not "repair plus salvage". I 100% know that my insurance company is interpreting this a the only repair estimate must be less that 75% of the fair market value, they are not adding the salvage value into the equation. The 75% is not a firm number as the repair estimate is just an estimate and the insurance co worries/expects supplemental claims once the repairs start. Mine worked out to 73% but the 2% difference is only $800 and is a risk for the insurance co. SC DMV reads pretty close to KS:

View attachment 3356108

In your case, as the fault of the accident was the other driver, diminished value should come into the equation in terms of "loss of value" so it would at least seem to make logical sense that repair plus diminished value would be the threshold.

I don't mean to belabor this, its just that I've been dealing with my situation and the insurance co for 6 weeks now and I'm a bit like Rainman watching Wapner on this topic. I'm glad your wife and no one else got hurt and I hope you get what you want out of this.

I wonder whether a diminished value claim will alter this math at all.

 

[Vasiliy]

This can be repaired with PDR then respray

 

[kcjaz]

I wonder whether a diminished value claim will alter this math at all.

Diminished valve absolutely is part of the claim here. The question is does the diminished value enter the total loss calculation. IMO, from a conceptual logic perspective, it would be part of the equation for total loss. I would even think this would make philosophical sense if there wasn’t a 2nd part involved as the diminished value is due to the repair and fault has no the to do with it.

From what I’ve seen in my current situation, logic or philosophy have little to do with what the insurance company employees can do. The insurance company sets up a process with defined terms and actions and uses tech to automate it. This can help or hurt you. In my case, diminished value is not a thing because there is not another driver involved so it maybe helping as far at total loss goes (I don’t want it totaled) but hurts in that I don’t get money for diminished value.

 

[mobi-arc]

I would guess between $13k and $16k to repair.

 

[Roscoes]

I'm going with $19,497

 

[neckbone]

I'm going with $19,497

OHHHH, sooooo, close. But, since you brought up Price is Right rules, you get the buzzer and @mobi-arc moves on to the showcase showdown.

Final number from the body shop was $18,050. Total loss and Copart is already hitting me up to come grab it. Haven't heard from my insurance yet with their number, but I'm prepping myself for a little bit of a fight.