Nick1994
$100 site donor 2024
That is easily beyond $6k
It was raining so I didn't want to get underneath, but couple more pics. Seems hard to believe that this is >$6k in damage.
So I've already patched one rust home and identified that I need to wire wheel a good portion of the floorboards for rust that is breaking out and spreading. Fluid Film did not do much for me there... high wash areas are now losing paint from water splash. I think I need to look into how to remove the rockers as it's starting to rust up and down the main seam that runs the length of the car there, along with behind the wheels.Id also be thinking different in a rust vs none
Just seems high. I don't care too much about making it nice (you should see my daily) but I'm not sure what it'd take to get the condensor and radiator back where they belong. I guess it'd be nice if the headlights line up and the fascia doesn't look too bad either.That is easily beyond $6k
This sounds like a good plan to me, gas will get cheaper eventually, but it will also get expensive again too.Looks like insurance would give you about $6,500. That plus a $4,500 tax credit for a Prius Prime which are running about $29k right now, would mean you've got a new 300k mile car for $18k. 55 mpg when it's out of battery, but can do a 25 mile charge.
Well, while the prices have gone up, that also means the value of your car has also gone up so it somewhat cancels out.Would you believe that about a year ago I was seriously thinking about just that? Lather rinse repeat. Get the Prime, which doesn't do much of anything "great" for me, but only because for $20k or less I'd get another 10yr/200k vehicle. Which is what this Camry had been: drive for 10, move on.
If only I had listened to my gut instead of being rational!
That will be interesting info.I think we need an @atikovi opinion.
True.Well, while the prices have gone up, that also means the value of your car has also gone up so it somewhat cancels out.
Insurance should pay you about $6300 less your deductible. With that money you can buy my Sequoia.I think we need an @atikovi opinion.
Yeah but where would I get the money to fuel that thing?!Insurance should pay you about $6300 less your deductible. With that money you can buy my Sequoia.
That car is worth $6300 as an insurance claim in what world??!!?Insurance should pay you about $6300 less your deductible. With that money you can buy my Sequoia.
Agreed.... 'clean retail' is showing $ 6300, but in my book, the substantial 'rust cancer' the op described makes that car worthless all by itself, not even factoring in the massively overall 'tired' mechanical condition also previously described.That car is worth $6300 as an insurance claim in what world??!!?
it may be a LONG wait for the market to 'settle', moreover, the real rate of inflation in the USA is in the 15 - 20% annually range and increasing, so 'banking' insurance proceeds until better times will drastically erode your future buying power.If you have full coverage on the car, take the money and run.
Judging by the photos, that car will qualify as a total.
I'd recommend banking any proceeds that you can get out of the 2011, and ride the other beater until the market settles.
If you don't have full coverage on it, it's not worth putting 6K into. Unless you can get a parts car and make it roadworthy yourself, I don't see where it is financially prudent to repair it.
So for a long time people would refuse to put into a car a repair that was equal to the value of the car. One could argue that it should have been the cost of replacing the car, but whatever: for most, once repair cost = car value -> time to move on.
I took a quick look at trade-in and my '11 Camry is $2,400 give or take in fair condition. I think I could hit that this year in work. But some of that is deferred maintenance. Should I count that as part of this year's cost? Motor mounts, struts, tires, rear brakes (to R&R the dust shields and parking cables is a grand alone and not something I can do). Tires and struts are normal wear items I know, but I managed to time it all to be worn out at the same time, which was part of my plan, but my plan didn't include a pandemic and its impact on the car supply.
I realize dropping 2-3 grand into this car and getting another year is economically sound... I just need to be reminded.