DMC Totaled - Need Insurance Value Help
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DMC Totaled - Need Insurance Value Help



Hi, D Owners,

I am in desperate need of your help in establishing a pre-accident
fair value and salvage value for my DeLorean.

I recently totaled my car and the insurance company is trying to get
me to settle for a very low valuation. I am not expecting to get more
than the car was worth but I would like to get a fair shake from the
insurance co so I can purchase another similar D without having to
cough up a few thousand $.

If you have recently purchased a DeLorean or have had the same
misfortune of having your car totaled, I would very much appreciate an
e-mail outlining the condition of your car and the price you paid or
settlement you received. Additionally, if you kept the car and know
the salvage $, I would appreciate knowing the post-accident condition
and salvage value, as well. 

The insurance company is using the condition of the seats and the 2
dash cracks as a basis for appraising the car at several thousand
below book value, despite the otherwise excellent condition of the
car. Thus, it would be helpful to mention the condition of the
interior, exterior and drive train of your car (at time of purchase or
prior to being totaled). Stating mechanical problems or
body/interior defects will actually be helpful to my case with the
insurance co.

-----

FYI, the condition of my car before the accident is as follows:

Exterior:
Stainless ? excellent
Front Fascia ? above average
Rear Fascia ? average (needs repainting
Underbody ? excellent
Frame ? above average
Glass - excellent

Interior:
Dash ? average
Headliners ? excellent (recently replaced)
Seats ? average for age (need recovered or repaired)
Door Side Panels ? excellent
Carpet ? excellent (almost new)
Stereo ? new

Mechanical:
Engine ? Excellent (2-yr old fuel components, mostly new gaskets, new
stainless muffler, new rocker arms, rebuilt starter, alternator)
Cooling System ? excellent (new water pump, hoses, radiator)
A/C ? excellent
Transmission ? excellent
Clutch ? excellent (new Centerforce)
Suspension ? excellent (new idler arms, rear wheel bearings)

There have also been numerous improvements that are typically required
on DeLoreans (window operators, door handles, etc.)

------

After the accident, the condition is as follows:

All body panels except 1 door were damaged, front end crushed on
passenger side (sure took the bridge abutment well, tho), radiator and
a/c coil ruptured, wheels & tires damaged.

After having survived an interstate speed crash with only a little
scratch and sprained wrist after hitting 2 bridges and ending up at
the bottom of an embankment, I am very much impressed with the
crashworthiness of the D an am looking to having another soon.

------

You can e-mail me directly at Woody2000and3@xxxxx With you
permission, I will use your info verbatum to help convince the
insurance co. of the true value.

Thanks so very, very much for your help.

Woody







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