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I got my first call from State Farm today. Hopefully we can get an adjuster out to confirm the damage this week.
The math for sell damaged versus fix then sell is in favor of sell damaged. All I need to do is get SF to understand that.
Bill,
Thanks for how you've handled it. I did indicate interest, but as we're winding down on a lease, you don't have to put me at the top of the list. We also have to wait until the East Coast SC network is a tad more flushed out (the coming soon part of their map) to make the trip up north without trailering it. I'm not sure in which order I contacted you, but if you have an "easier" sale, no hard feelings here.
One interested party got a local appraisal firm scheduled to look at the car. I'd be happy to make it available for independent appraisal so people are not just taking my word for it.
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I have started a storm of interest in the car and fear I have not put enough thought into how to manage a fair and proper sale. I need help.
As it stands today, I have received enough documentation to be comfortable with my estimates on the “Tesla Certified” repair costs. This is the single largest unknown in the process. If I say it is $25K and State Farm says it is $7K then we have a fight on our hands. Luckily for me (and not necessarily the other MS owner) another forum member has just gone through a right rear quarter panel replacement to Tesla’s specifications. This damage was a sub-set of that on my wife’s car and was in excess of $22K. That is close enough to my estimate to make a convincing argument for State Farm saving well over $5K if I sell the car as is. Put differently, I am confident enough that the car can be sold as is to try to figure out just how to sell it.
I’ve gone back to my original post and reread it. Thank you to all that have contacted me with interest and aided in my establishing a baseline value or interest in the car. Contrary to my first post, I now believe the car’s CARFAX will indicate the payout by State Farm as they will likely report it. Apart from that, the remainder of the initial post has proven to be accurate. I will update that assessment with any information from independent appraisals.
With respect to the sale, there are a large number of interested parties. As the seller, I want to acknowledge the time and effort that many interest parties have put into looking at the car. I also want to conduct a fair sale that disadvantages no one. My original thought was to “Ebay it” but I think the interest is high enough here on TMC to keep it in the family. I would also prefer to deal with and sell to people I know. This is one of those rare opportunities where everyone can do well.
As the seller, I am interested the sale of the car plus the potential to continue to use the car until my wife’s replacement comes in. The use of the car is a consideration but is by no means controlling should the buyer need the car straight away. Is there a way to do a completely open and above board disposal of the car through this thread such that everyone is treated fairly? The last thing I want is anyone feeling slighted and there is enough interest in the car that, although not my intent, this is a real possibility.
Thanks in advance for your help. Bill