Mercedes-Benz Forum banner

1 - 5 of 5 Posts

·
Registered
Joined
·
27 Posts
Discussion Starter #1
My 1998 E-320 was involved in a highway accident demolishing the driver side. From what I've been able to find out, it sounds like the insurance will total the car out. I talked to the guy I bought it from and he said high book is $8350 and low book is $6000. Because the car was in such good shape, he said to go for full retail value plus registration and taxes, etc.--$9000-$9500 from the insurance company. He said with being firm in my negotiations and with letters from him and other car dealers, this should be doable. My question for you guys is, Should I try and buy it back from the insurance company and attempt to repair it on my own? I will post pictures that show the extent of the damage. Any suggestions or estimated costs of parts would be appreciated to help me decide what to do. How much would you guys pay to get the car back with a salvage title?
 

Attachments

·
Registered
w204 (C350ELE)
Joined
·
1,262 Posts
Lts:

A good mess you got yourself into, Olly.

If, as it seems, you did not damage anything under the hood, the axles, wheels, brakes and bumpers, trunk lead, hood, suspension or undercarriage, I'd say you can make it anew with 5G. But your only sure thing would be to get a couple reliable estimates to run your figures.

I'd perhaps would go for it, but then only because would love the challenge of rebuilding it to my specs in the process. Go with your guts, and take into account that resale value is low in the eastern and MW USA, but parts may bring quite a bit in resale. It all depends upon your position and viewpoints.

Cheers, JV
 

·
Registered
E320/E250 Bluetec Ford F350 6.7l
Joined
·
36,362 Posts
Don't take it bad, but those car commonly sell for 3 to 5 thousands, depends on mileage and condition.
Posting the location and other info would allow for more accurate estimate.
If you can buy it back for less than $1000 you can make money parting it out.
 
1 - 5 of 5 Posts
Top