After 16 Years...

MoreIBNR · #1 02-12-2008, 09:53 AM

I am no longer an SVX owner. I had a relatively minor accident about a week ago and the insurance company just called with their verdict - the estimate to repair is more than the value. They said the cost to repair is more than $4000 and the car, even in good condition, is not worth that much (by their estimates). Looking at Ebay sales, they seem to be right. So, after 16 years (I bought it new at the dealership in March 1992) and 163,000 miles, I have to move on.

I have been on this list almost from the start and will still look in from time to time and will list stuff I may find to sell and whatever.

Hey, I may even show up at Reading as I still value the connections I have made with this car over the years.

Gary

TomsSVX · #2 02-12-2008, 10:03 AM

Say it aint so Gary????? If you ever need the fix again, i am sure we can line you up with another. sorry to hear it. What are you doing with the "remains" we might be able to fix it up at my new shop

Tom

MoreIBNR · #3 02-12-2008, 10:14 AM

It was towed as the radiator cracked or something. Anyway, there was antifreeze spilling out so I assume the radiator was toast but it could have been a hose. State Farm then had it piacked up from the towing company and had it taken to the lot of Car Tech Auctions in Avenel. The damage was to the passenger side front corner. Didn't look like it was too extensive, but the hood has a slight buckle to it and, of course the turn signal shattered. I don't know what else though State Farm said it needed new bumper cover too.

I would guess that you could contact either Car Tech Auctions (800.868.4700 I think) or State Farm if you wanted to buy it for repair or parts.

And, damn, I just spent all that time and money on the exhaust!!

Tom, if you want, give me a call - 973.590.4361.

Quote:

Originally Posted by TomsSVX

Say it aint so Gary????? If you ever need the fix again, i am sure we can line you up with another. sorry to hear it. What are you doing with the "remains" we might be able to fix it up at my new shop

Tom

Hondasucks · #4 02-12-2008, 11:45 PM

Quote:

Originally Posted by MoreIBNR

It was towed as the radiator cracked or something. Anyway, there was antifreeze spilling out so I assume the radiator was toast but it could have been a hose. State Farm then had it piacked up from the towing company and had it taken to the lot of Car Tech Auctions in Avenel. The damage was to the passenger side front corner. Didn't look like it was too extensive, but the hood has a slight buckle to it and, of course the turn signal shattered. I don't know what else though State Farm said it needed new bumper cover too.

I would guess that you could contact either Car Tech Auctions (800.868.4700 I think) or State Farm if you wanted to buy it for repair or parts.

And, damn, I just spent all that time and money on the exhaust!!

Tom, if you want, give me a call - 973.590.4361.

You should be able to buy it back and fix it yourself. Buyback is usually 10% of what they pay out, so if they gave you $4,000 it'd be $400.

SVX_MY_BABY · #5 02-13-2008, 07:17 AM

Gary:

I know what you are saying about the novelty being gone after 16 years. But then again it can't be all gone or you wouldn't be on this board

. I think of selling mine every so often but can't draw my self to do it.

I'd suggest two things.

1. Picture your self seeing the car and some one saying "Here it's yours for $(low amount). All you need to do is a little repair work." Would you buy it? You know it's repair history and body shape, so there should be no unknowns.

2. If you decide you want to move on perhaps you can offer it for sale to members here and keep it in the family. It will probably end up in a junk yard if you don't.

MoreIBNR · #6 02-13-2008, 10:16 AM

Any recent buyers out there who would like to assist me getting a fair settlement with my insurer, if you could send me a private message with the amount you paid for your car, its year, mileage, condition, any repairs it needed, location, VIN, and contact info for you (as I am sure that my insurer would want that so I can't scam them by making stuff up), I would greatly appreciate it. As I mentioned before, what they offered (after about a half hour of haggling) doesn't seem too far off the mark, but, hey, what do I know?

Thank you very much.

maxg765 · #7 02-12-2008, 10:16 AM

Hello Gary,

Sorry to hear it. Did you settle yet with them? Buy the remains and se if you can fix her up.

Also, what you may not know is that aside form your cars value a insurance company is obligated to refund any repairs that you have recently done to the car. I had an Audi stolen a few years ago. The car was worth 10K according to the insurance company. Just a few months before I had a complete engine rebuild costing me some $2500 and new mags with tires put on. Luckily I had a picture of the car with the new mags as I could not find the receipt for them but the engine was done at the dealer so glad I paid the taxes. They had to repay me the 10K plus the $2500 for the rebuild and another $2000 for the mags and tires as the cars evaluation they provide is always based on standard factory specs. They do depreciate the value of the recent add ons but its still more money in your pocket. Even tinted windows they have to refund a portion of.

Max

svxistentialist · #8 02-12-2008, 10:30 AM

Quote:

Originally Posted by MoreIBNR

I am no longer an SVX owner. I had a relatively minor accident about a week ago and the insurance company just called with their verdict - the estimate to repair is more than the value. They said the cost to repair is more than $4000 and the car, even in good condition, is not worth that much (by their estimates). Looking at Ebay sales, they seem to be right. So, after 16 years (I bought it new at the dealership in March 1992) and 163,000 miles, I have to move on.

I have been on this list almost from the start and will still look in from time to time and will list stuff I may find to sell and whatever.

Hey, I may even show up at Reading as I still value the connections I have made with this car over the years.

Gary

Gary, sorry to hear it. You are one of The Few. We have very few listed who are original owners. I remember you from years back before the Network as well.

Keep checking in man, nice to hear from you anytime.

Joe

Hocrest · #9 02-12-2008, 10:34 AM

Get ahold of the Ins co and buy it back. It doesn't sound like anything that can't be fixed...

You need to remain an "original owner"

Tim · #10 02-12-2008, 11:37 AM

My car was estimated over $3500 in damages for a cracked radiator, damaged bumper and slight misalignment of the upper radiator support.

I ended up replacing the radiator myself and getting the bumper/grill replaced and repainted for only about $700.

They didn't even take my car away from me. Allstate said my car was worth nothing to them so I got to keep it.

Barry'Z (NJ) · #11 02-12-2008, 11:54 AM

Gary, if your SVX was more than just an appliance, the below is the correct answer...

Quote:

Originally Posted by TE1221

My car was estimated over $3500 in damages for a cracked radiator, damaged bumper and slight misalignment of the upper radiator support.

I ended up replacing the radiator myself and getting the bumper/grill replaced and repainted for only about $700.

They didn't even take my car away from me. Allstate said my car was worth nothing to them so I got to keep it.

MoreIBNR · #12 02-12-2008, 12:56 PM

I believe mine had a bit more damage than that - fender, turn signal, maybe headlight (I don't know if it broke or not), hood buckled. I have no idea about any other more hidden damage. But it will be looked into.

Quote:

Originally Posted by Barry'Z (NJ)

Gary, if your SVX was more than just an appliance, the below is the correct answer...