dyeguy
Enthusiast
Well, the story is over. Jon B. and Bill Pemberton gave me invaluable advice about how to get this thing totalled. They advised me to wait til after the repair bill was written then bring up the issue of diminished value to the insurance company. Jon had me run 3 comps of vipers (in my year, mileage & condition)and give them to the insurance co. I also found a comparable viper that had been in an accident and was repaired and was selling for $15,000 less and submitted that ad as well.
Bill Pemberton wrote me a letter (Jon offered to also) which detailed his expertise with viper values. He really sold the diminished value concept by saying that I would probably lose $10K - $20K in resale value. The repair bill came to $28,000 and they knew I would hit them for at least $10K in DV which means they would have paid out $38,000 to repair it. We showed them how if they totalled it for $48,000 they could sell the car for salvage for at least $20,000 so they would only pay out $28,000 or less.
So that's what they did.They paid me $48,000 & let me keep my wheels and tires. Bought a new one here locally that is twice the car as the one I had. Has belanger headers and exhaust, polished valve covers, carbon fiber intake, roller rockers, lifters, Ron Davis radiator, CCW wheels (which I just sold for $3,000), complete carbon fiber dash and door sills, gear change, hardwired radar, laser detector/laser jammer $3,000 stereo with 10"sub, alarm system, etc etc I keep finding more stuff on this car everyday. It was dynoed at 553 hp.
Jon B., Bill Pemberton and all you guys on here that helped with the kind words I greatly appreciate it!
http://i124.photobucket.com/albums/p21/dyeguy_bucket/blueviperpics007.jpg
http://cgi.ebay.com/ebaymotors/ws/eBayIS...305684&rd=1,1
Bill Pemberton wrote me a letter (Jon offered to also) which detailed his expertise with viper values. He really sold the diminished value concept by saying that I would probably lose $10K - $20K in resale value. The repair bill came to $28,000 and they knew I would hit them for at least $10K in DV which means they would have paid out $38,000 to repair it. We showed them how if they totalled it for $48,000 they could sell the car for salvage for at least $20,000 so they would only pay out $28,000 or less.
So that's what they did.They paid me $48,000 & let me keep my wheels and tires. Bought a new one here locally that is twice the car as the one I had. Has belanger headers and exhaust, polished valve covers, carbon fiber intake, roller rockers, lifters, Ron Davis radiator, CCW wheels (which I just sold for $3,000), complete carbon fiber dash and door sills, gear change, hardwired radar, laser detector/laser jammer $3,000 stereo with 10"sub, alarm system, etc etc I keep finding more stuff on this car everyday. It was dynoed at 553 hp.
Jon B., Bill Pemberton and all you guys on here that helped with the kind words I greatly appreciate it!
http://i124.photobucket.com/albums/p21/dyeguy_bucket/blueviperpics007.jpg
http://cgi.ebay.com/ebaymotors/ws/eBayIS...305684&rd=1,1