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E36 M3 (1992-1999) {Euro - S50 B32 321hp @ 7400 rpm} {U.S. - S52 B32 240 hp @ 6000 rpm} Total Produced: 71,212 - Years Produced: 1992 to 1999 |
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#61 |
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Join Date: Aug 2012
Posts: 57
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That is exactly what I just went through. I had the added problem of odometer roll back that I didn't know about. EVERYBODY GET A HISTORY REPORT!! I am accepting their offer today hopefully, then keeping the car and selling it. I have a deal for another one that I should break even financially, and end up with a car that has a clean history.
If that was their first offer, then you should be able to get more out of them. I made a few different lists of comparables, and submitted them. They will find any minuscule reason not to use them though. you should have a better time than I did since you have reliable odometer history(I hope). You should definitely point out that the one comparable is your actual car, and that means they shouldn't be adjusting anything. you are going to have to work to get it, but you should be able to get a good settlement. |
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#62 | |
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Join Date: Aug 2013
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E30 Dinan Turbo
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#63 | |
Double E
Join Date: Oct 2016
Posts: 215
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Agreed on value is what we must consider or the man is just going to stick it to us.
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'97 M3/2/5. Hellrot on Black ...and a racecar. |
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#64 |
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Join Date: Mar 2017
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I do plan on staying on them to get a correct evaluation done. Removing my car as a comp and the e46 should help the value on my car.
Currently, there are only 7 1999 M3 Coupes for sale in the United States on Autotrader (source they used) and the lowest priced M3 is at $17k with 160k miles.
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#65 | |
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Join Date: Aug 2012
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I thought of a few other things. If you can get the money back that you put into it, that is a win. It is probably best for you to take a check and owner retain. Then you can sell it to somebody as a donor/race car for $2k-$3k. Since yours is completely cosmetic damage, you might even be able to get $4k for it. Obviously, make sure that you get the ACV high enough first. I just accepted the settlement yesterday on mine, and by the time I sell the car as a donor, I will basically get what I had in it back. Keep in mind that if you owner retain, they will subtract tax and tag from the settlement as well as the salvage value. Mine was a salvage value of $810, and it took about 400 of tax and fees off as well, so about $1200 below what the value report shows. By selling the car myself, I will end up at least $800 better off since $2k is about the minimum price. I am hoping for $2500-3000 though. |
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#66 | |
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Join Date: Mar 2017
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I'm also wondering if they end up agreeing with a higher value, if they'll have the damage fixed. Obviously, there is still a lot to figure out and of course once I rejected the settlement offer, they have been dragging their feet. ![]()
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#67 |
Double E
Join Date: Oct 2016
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Provide them the receipt for the coilovers. They will consider all receipts for recent work, tires and upgrades.
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'97 M3/2/5. Hellrot on Black ...and a racecar. |
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#68 | |
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Join Date: Mar 2017
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I have a pile of OEM LTW parts, OEM Euro parts and a few other pieces. If I get back into another e36 M3, i'll be set with parts, otherwise they'll be for sale on here in a few weeks!
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#69 |
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Join Date: Jul 2013
Posts: 4,114
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![]() Location: Vancouver
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If you have a carbon console sell it to me!
Honestly though, I think you can get it sorted out. Insurance companies go in to these thinking people won't put in the time to play hardball
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![]() 98 m3, techno/anthrazit cloth, 107k and officially worthless. 2000 323i touring, silver/grey/sport pack, 170k and officially boring. Member journal. http://www.m3forum.net/m3forum/showthread.php?t=491859 |
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#70 |
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Join Date: May 2016
Posts: 1,082
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What insurance provider do you have?
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http://www.natehasslerphoto.com |
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