Just Totaled my 2006 Spring Edition
07-29-2011 | 12:32 PM
#21
Senior Member
Joined: 11-19-2010
Posts: 620
From: Springfield, Oregon
I hope everyone heals well from their injuries. Accidents suck.
I had to google Wawanesa because I have never heard of them. If insurance totals your vehicle it won't be for what the body estimate is, but what they deem the value, and they will keep the HHR. Or they will pay the estimated repairs and you can keep it with a salvaged title. So hold tight on decisions for your next ride. Personally I wouldn't want to try and rebuild 8K in damages.
This thread is not quite a classified ad, so if and when you get ready to sell, come back and post an ad with prices on everything you are selling or one price for the whole wreck.
Thread moved from classifieds.
I had to google Wawanesa because I have never heard of them. If insurance totals your vehicle it won't be for what the body estimate is, but what they deem the value, and they will keep the HHR. Or they will pay the estimated repairs and you can keep it with a salvaged title. So hold tight on decisions for your next ride. Personally I wouldn't want to try and rebuild 8K in damages.
This thread is not quite a classified ad, so if and when you get ready to sell, come back and post an ad with prices on everything you are selling or one price for the whole wreck.
Thread moved from classifieds.
If it's repairable, they pay for the repairs (less deductible).
If it's a total loss, they could pay 1 of 2 ways:
A) They pay out the market value (less deductible) and take the vehicle; or
B) They pay out the market value, less the salvage value and deductible, and the owner gets to keep the vehicle. Vehicle has to be re-registered with a 'salvage' title. This is the way it is in most states. (Your state may vary...)
Excellent clarification Marshall, not many folks know what to expect if their vehicle is "totaled" by the underwriters, there are many misunderstandings as to what exactly "totaled" means.
07-29-2011 | 03:11 PM
#23
Founding Member
Joined: 11-23-2007
Posts: 8,210
From: Texas
Krash, you are probably correct, even in Texas. When my HHR got totalled I quit hearing anything after the adjuster said "Yes you can keep the car, but it will have to be re-titled as salvage". Once I heard salvage I knew that was an option I wasn't going to take.
I made out like a bandit on my total. My Premiere Edition HHR was 2.5 years old, had around 9200 miles and I owed $9.5K on it (sticker was $20K something). They gave me $17K after the deduct. Sweetest wreck I was ever associated with, since the book value on it was around $14K at the time.
edit: This got me thinking about my old HHR so I ran the VIN. It's owned by a lady in Houston and had 21K on it when a new tag was issued in January of this year. It does show a salvaged title. Some vehicles you just can't kill. Hope she is taking good care of it.
I made out like a bandit on my total. My Premiere Edition HHR was 2.5 years old, had around 9200 miles and I owed $9.5K on it (sticker was $20K something). They gave me $17K after the deduct. Sweetest wreck I was ever associated with, since the book value on it was around $14K at the time.
edit: This got me thinking about my old HHR so I ran the VIN. It's owned by a lady in Houston and had 21K on it when a new tag was issued in January of this year. It does show a salvaged title. Some vehicles you just can't kill. Hope she is taking good care of it.
Last edited by ChevyMgr; 07-29-2011 at 06:23 PM. Reason: added edit
07-29-2011 | 10:19 PM
#24
Senior Member
Joined: 11-19-2010
Posts: 620
From: Springfield, Oregon
I wouldn't be surprised to see it out on the streets some day.
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