or Connect
Styleforum › Forums › Culture › Fine Living, Home, Design & Auto › Cars We Drive!
New Posts  All Forums:Forum Nav:

Cars We Drive! - Page 1589

post #23821 of 26282
Quote:
Originally Posted by GreenFrog View Post

Won't be released until Q1 2018

A man that has marked down my lease is up in Q4 of 2017.
post #23822 of 26282
Quote:
Originally Posted by ridethecliche View Post

Um, dumb question, but how the heck does someone get a car home from out of state if you don't have plates/tags etc?

Um, you drive it?

Honestly, it varies a lot by state (some states, plates even stay with the car rather than the owner).

But as long as you have the signed title, a signed bill of sale, and proof of insurance (just add it to your insurance over the phone/via the mobile app as soon as it is yours...just need the VIN)...you should be fine without plates. You could always tape a copy of the bill of sale in the back windshield to make it look official, but as long as the document is dated within the past couple of days, I doubt a cop is going to give you any trouble for it.

I wouldn't try to play games like putting plates from your other car on it while you drive it home...that seems like a way to end up in the back of a cruiser.
post #23823 of 26282
Found this boosted miata back home. Not my favorite color, but guy claims it puts down 210 at the wheels.

http://philadelphia.craigslist.org/cto/5691008481.html
post #23824 of 26282
Quote:
Originally Posted by ridethecliche View Post

Found this boosted miata back home. Not my favorite color, but guy claims it puts down 210 at the wheels.

http://philadelphia.craigslist.org/cto/5691008481.html

Looks like a nice sleeper type deal. Working on a blown car will steepen your learning curve though... I personally wouldn't trust some other guy's work on a Miata he's letting go for only $4,000.
post #23825 of 26282
Quote:
Originally Posted by otc View Post


...

Maybe the M3 has enough enthusiasts out there that insurance could be convinced to shell out on a car that's way above blue book since there are plenty of well preserved vehicles out there...but I would still wager that GF would get fucked out of a few grand if his car got totaled and he wanted to get back into a comparable ride..

Insurance doesn't care about collection value on a car like the GF's. The E46 M was a great car, but it's not exactly a Bugatti Atlantic, or a 250 GTO or a Auto Union C/D or a McLaren F1 LM.

To them, it's just another car from that time. Also, with his damage, there wouldn't be a chance for them totaling it. Obviously, his insurance team is incompetent, but totaling over what should be really minor repairs would suck for them.

In retrospect, I'm a bit disappointed that GF asked for other repairs rather than having his car back ASAP. This thread is going to be filled with more and more screws that they did.
post #23826 of 26282
Quote:
Originally Posted by otc View Post

Maybe the M3 has enough enthusiasts out there that insurance could be convinced to shell out on a car that's way above blue book since there are plenty of well preserved vehicles out there...but I would still wager that GF would get fucked out of a few grand if his car got totaled and he wanted to get back into a comparable ride..

 

Not likely.  If someone has a "Collector car" that they believe is worth well over book value, they really need to have collector insurance and an agreed upon value.  Otherwise they would basically be screwed.  It can be the difference between getting what your car is truly worth vs. say 40-50% of what its worth. 

 

Quote:
Originally Posted by ramuman View Post


Insurance doesn't care about collection value on a car like the GF's. The E46 M was a great car,...

To them, it's just another car from that time....

That is true of just about any car if it only has a standard auto insurance policy.  Anyone with something collectible or that has appreciated in value significantly, should have collector car insurance with an agreed upon value, but you can't get that for a daily driver. Collector car insurance often has restrictions in mileage, where it can be parked, what it can be used for etc., to limit the risk of having to pay out.  They also often require photos and an appraisal to determine if the car is truly worth what a person wishes to have it insured for.  A collector car need not be 250GTO or McLaren F1 LM...it can be something far more common like a 1980 911SC.  A few years ago those cars regularly traded for $10-15K but now they go for  2-3 times those prices...so it makes sense for those folks to get collector car insurance rather than fight with a regular insurance company with the hope of getting the top of what a company used to dealing with Hyundais thinks a 911SC is worth or to fight about genuine vs aftermarket parts.  

post #23827 of 26282

Even on non-collector cars, you can do an agreed to value on the car for insurance purposes.  My motorcycle policy even has it as a generic box that you can use when getting an instant quote online.

post #23828 of 26282
Collector's insurance likely only makes sense in rarified air. A more typical 1k deductible, 250k liability with an unlimited umbrella that covers essentially everything - in writing - makes more sense on decent cars imo.
post #23829 of 26282
I'm just saying that there's enough variation in the used M3 market (and a lot of owners buying and selling cars that have been kept in excellent shape) that insurance might give enough money to buy a car that was in good shape. Not suggesting that the damage to his car would total it...just saying he might get screwed if he did have it totalled.

Contrast that to something like...a 2002 Ford Explorer. Maybe you have kept it in tip top shape. OEM replacement parts as needed, paid out of pocket for minor body work long after you let your comprehensive coverage go, had seat covers and rubber floor mats for a while so your upholstery is still like new. Sure, nobody is going to believe it is a brand new car, but it runs well, looks nice, and you could still get another 5 years out of it without crazy maintenance costs.

Now you total it and your insurance company is like "ok, we've found you a comparable explorer" except it has door dings, curb rashed wheels, frumpy upholstery, and a questionable maintenance history. But hey, it only costs $4k, and your car needs a few grand in body work. Either accept a shitty version of your car, or buy the car back from the insurance company (hello salvage title) and pay out of pocket for the excess body work to get your car back on the road.

Either way you get fucked. The insurance isn't really going to make you whole--you're either stuck with a car that was worse than the one you lost, or you get to keep your car but it costs you $$ both in actual cash and in lost resale value. I suppose the moral of the story is that when your car gets old, you shouldn't care about it very much.
post #23830 of 26282
^ That's how I understood your initial statement.

I've been looking at some Boxsters and it really runs the gamut in the $9-12k market. You can get some pretty ratty looking examples and others which have clearly been well taken care of. It would definitely suck if you are in the latter camp and then have insurance total your car.
post #23831 of 26282
Quote:
Originally Posted by brokencycle View Post
 

Even on non-collector cars, you can do an agreed to value on the car for insurance purposes.  My motorcycle policy even has it as a generic box that you can use when getting an instant quote online.

I haven't seen an agreed value policy offered for daily drivers (but maybe things are different in your state).  Most daily drivers depreciate over time and insurance companies are not going to agree to pay out $50K on a relatively modern BMW driven daily that may only be worth $30K after 2 years.  Its also the reason why a lot of banks or insurance companies offer GAP insurance if a person finances a car (to make up the difference between purchase price and what the insurance company pays if its a total loss).  

 

 

Quote:
Originally Posted by ramuman View Post

Collector's insurance likely only makes sense in rarified air. A more typical 1k deductible, 250k liability with an unlimited umbrella that covers essentially everything - in writing - makes more sense on decent cars imo.

  

Was simply pointing out that collector insurance isn't just for $1 + Million cars.  I agree collector insurance doesn't work for most people due to the use/storage restrictions, and the cars they covered typically can't be used as daily drivers, but it does make sense for people with vintage or collectible cars with a relatively stable values.  

 

I agree that a standard policy with very good coverage limits and an umbrella policy are what most people should have for daily drivers.   

post #23832 of 26282
Quote:
Originally Posted by Dino944 View Post

Was simply pointing out that collector insurance isn't just for $1 + Million cars.  I agree collector insurance doesn't work for most people due to the use/storage restrictions, and the cars they covered typically can't be used as daily drivers, but it does make sense for people with vintage or collectible cars with a relatively stable values.  

I agree that a standard policy with very good coverage limits and an umbrella policy are what most people should have for daily drivers.   

Gotcha, we're on the same page. smile.gif
post #23833 of 26282
So just looked at the 96 miata. It's in amazing condition, but the airbag light is on. I think that means the module is broken?

My google fu suggests that's an easy repair but time consuming, or expensive to have done. I'll look into it more, but the car is in really good shape.

Needed a jump to start though since the running lights were left on.
post #23834 of 26282
Quote:
Originally Posted by ridethecliche View Post

So just looked at the 96 miata. It's in amazing condition, but the airbag light is on. I think that means the module is broken?

My google fu suggests that's an easy repair but time consuming, or expensive to have done. I'll look into it more, but the car is in really good shape.

Needed a jump to start though since the running lights were left on.

You do realize that you linked three different 1996 Miata's in the last 20 posts alone, right?

There's the clean looking red, the plastidip red, and the dark (dirty wheel) one.
post #23835 of 26282
Quote:
Originally Posted by whiteslashasian View Post

You do realize that you linked three different 1996 Miata's in the last 20 posts alone, right?

There's the clean looking red, the plastidip red, and the dark (dirty wheel) one.

this was for the clean red.

apparently the fix is pretty expensive. the module is about $500 and it will fail inspection with the light like that in MA I'm pretty sure.

This is interesting. Widebody miata?

https://boston.craigslist.org/gbs/cto/5708729049.html

I'm kidding. Don't click that. It's pretty ridiculous what people do to their cars though, but I've seen far worse. That's pretty decent looking though I can't see the need for it on a miata.
Edited by ridethecliche - 8/2/16 at 2:55pm
New Posts  All Forums:Forum Nav:
  Return Home
Styleforum › Forums › Culture › Fine Living, Home, Design & Auto › Cars We Drive!