No, I wrote off a BMW M Coupe, which is why I'm a 1LE owner now. Purely math, current values of car based on their resales value databases, and a hard percentage of expected repairs. If if goes over the magic 70~75% of their market value, you get a check. If not, they write checks to the shops you use, but to your point, the car will be flagged with this history when you resell and the car may never be perfect. There were only 7 BMW in the color I owned, it was highly desirable, I got them to do another value assessment and it came back higher, in the end I was glad they wrote if off, I didn't want the anxiety that something else would fail later due to the accident, but not be able to prove it. Even the shop and insurance guy told me the car would never be the same. I hope yours is minimal and bolt on fixes. If you have wheel insurance, file that as a separate claim, it will help the primary insurance coverage ratio numbers and save you some money to invest in goodies. Example, maybe it needs a new cradle, while they are there, upgrade with all new BMR trailing arms, bushings, sway bars etc... cheaper than oem. Make .Lemonade. Don't be quick to sign any heath claims since you were hurt, those guys will want to throw a few hundred buck for pain and suffering, don't take it. Get a lawyer and play hard ball.
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Originally Posted by sdmbdad71
If not another 1LE, maybe a ZL1.
I'm conflicted about whether or not to push for the total. I hate that the car will be branded on vehicle history reports. I know that this kind of damage can severely harm it's value.
Does anyone know if insurance companies account for the diminished value of the vehicle when settling with a claimant?
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