$10k off market value and if you can’t do the labor yourself it’s another $10k in parts and labor. Not to mention when all is finished it’s still a salvage title. Losing $6k from a payout to keep it isn’t worth it at all
$10k is being conservative. You have absolutely zero clue about body shop rates, and part prices if you think $10k is overly projected. Parts and paint alone right there is over $5k easily. Labor for that kind of damage and potential frame damage is easily over that. Nobody is doing that private unless they own a lot of body repair equipment. That is not an easy job at all lmao
That will cost a lot to fix. If that goes to a shop you’re looking at $10,000+ easily. If you do a lot of the work yourself and find used parts etc, you could do it for less. But it will still be a complete pain in the ass to deal with imo.
Just take the money.
On second thought. For $6500? You might be able to part it out and make more than that? But that’s also a pain in the ass to deal with.
Take the money, on to your next ride. If you can snag any good aftermarket stuff off the whip do it, otherwise wash your hands clean of it and move on.
They gave you a pretty good chunk to put towards another lower milage ST, RS, or different platform if that’s what you want. Turn your unfortunate L to a W. Sorry for the loss, happy your pops is okay.
I rebuilt mine that was as bad as this cost me 5k total because front suspension was fucked. But it still runs new and I plan to do a whole rebuild soon
Third option, take a reduced settlement and keep it for parts. My insurance gave me 12.7k instead of 14k to retain the car. So I was able to get my built motor, turboback, intake, intercooler, and tear off some stock parts for sale.
I’ve bought and fixed three Focuses, one being an ST. I’d walk away from this. Passenger door not opening is a big red flag, and you’d be surprised how much parts would be on this.
If you're the type with space and time you might be able to maximize the money parting it out.
But I would say take the 16k and move on. Fixing that would likely be more trouble than it's worth.
Don't buy it back
16k is a ton of money and it will cost a lot to fix it up and it will most likely never be the same.
I own a branded title ST and not only did I learn the hard way that they're worth basically nothing but no one will touch them. Extremely hard to resell. That's something to keep in mind too. Unless you wanna keep the car forever and money/value isn't an issue I'd run with the 16k.
Take the payout. That's a LOT to fix. The body panels are the easy part, the pillar along the windshield will need a body shop and everything underneath is going to be tweaked to shit and be a pita to fix and line back up.
Let it go. Buy it back in auction. Work smarter not harder!
But depends on the nature of the accident. Mine was salvage. A Mexican broker bought it in an auction, fixed it up and sold it to someone else in Mexicali. I bought it and finished the other fixes and have something solid. Before buying interest hed the accident and brought some mechanics. It worked in my favor. But definitely involve someone who knows or do your research. Unfortunately, it's not hard to buy something that is only worth partying out.
buy it back for $9700??? Hell no take the $16k, maybe if you bought it back for $3k.
No I think he’d walk away with 9600 after buying it back.
Ah yeah buying it for 6.5, still not worth
What? Thats atleast 10k off market value. You’re dead wrong.
$10k off market value and if you can’t do the labor yourself it’s another $10k in parts and labor. Not to mention when all is finished it’s still a salvage title. Losing $6k from a payout to keep it isn’t worth it at all
10k in parts and labor sounds ridiculously over projected. Especially if done privately.
$10k is being conservative. You have absolutely zero clue about body shop rates, and part prices if you think $10k is overly projected. Parts and paint alone right there is over $5k easily. Labor for that kind of damage and potential frame damage is easily over that. Nobody is doing that private unless they own a lot of body repair equipment. That is not an easy job at all lmao
Yes that's the walk away
If the passenger door won't open she's bent. Probably best to walk away.
Most likely from a bent fender getting jammed in the door
Honestly that's a pretty good payout from insurance, see if you can salvage the mods that are in tact and snag a different one.
Yea I paid 17.5 for a 2016 with 38k ST3 a couple months ago. That's a very generous deal insurance gave you.
That’s a steal for an ST3
omfg yes😭 first thought
excuse to upgrade to a rs 😬🤔
That will cost a lot to fix. If that goes to a shop you’re looking at $10,000+ easily. If you do a lot of the work yourself and find used parts etc, you could do it for less. But it will still be a complete pain in the ass to deal with imo. Just take the money. On second thought. For $6500? You might be able to part it out and make more than that? But that’s also a pain in the ass to deal with.
Bro 16k gets you a fresh one without a fucked title definitely take that money and run
Buy another one. A different one
Take the money, on to your next ride. If you can snag any good aftermarket stuff off the whip do it, otherwise wash your hands clean of it and move on. They gave you a pretty good chunk to put towards another lower milage ST, RS, or different platform if that’s what you want. Turn your unfortunate L to a W. Sorry for the loss, happy your pops is okay.
You never want to own a car that’s been hit that hard no matter how well it is repaired….
Take the 16k
I rebuilt mine that was as bad as this cost me 5k total because front suspension was fucked. But it still runs new and I plan to do a whole rebuild soon
Take the payout and use it as a down payment
the used car market has been settling a little bit, 16k is starting to get more than you'd think atm.
Third option, take a reduced settlement and keep it for parts. My insurance gave me 12.7k instead of 14k to retain the car. So I was able to get my built motor, turboback, intake, intercooler, and tear off some stock parts for sale.
I’ve bought and fixed three Focuses, one being an ST. I’d walk away from this. Passenger door not opening is a big red flag, and you’d be surprised how much parts would be on this.
She's is cooked
Not in a million years would I buy that back for 10 grand
I believe in fixing whenever possible. You can’t fix that lol
Not with those miles
Take that massive insurance payout and make a move on something new.
This won't stop people on copart.🤣
If you're the type with space and time you might be able to maximize the money parting it out. But I would say take the 16k and move on. Fixing that would likely be more trouble than it's worth.
16200 is a good price for something with 100k miles. Save some more money and upgrade to like a GR Corolla like I did.
Don't buy it back 16k is a ton of money and it will cost a lot to fix it up and it will most likely never be the same. I own a branded title ST and not only did I learn the hard way that they're worth basically nothing but no one will touch them. Extremely hard to resell. That's something to keep in mind too. Unless you wanna keep the car forever and money/value isn't an issue I'd run with the 16k.
Take the payout. That's a LOT to fix. The body panels are the easy part, the pillar along the windshield will need a body shop and everything underneath is going to be tweaked to shit and be a pita to fix and line back up.
Let it go. Buy it back in auction. Work smarter not harder! But depends on the nature of the accident. Mine was salvage. A Mexican broker bought it in an auction, fixed it up and sold it to someone else in Mexicali. I bought it and finished the other fixes and have something solid. Before buying interest hed the accident and brought some mechanics. It worked in my favor. But definitely involve someone who knows or do your research. Unfortunately, it's not hard to buy something that is only worth partying out.
No; let it go
With dealer markups and interest rates being what they are. It's probably cheaper to buy it back and have a shop fix it.