Totaled 2014 Model S60

[Younis]

Insurance is offering it to me for 18k, willing to sell for 20k. As Is, Front Driver side damage, airbags deployed, sub frame cracked. Located in Rocklin, CA.

Email me if interested. [email protected]

 

[Yinn]

Pictures please

 

[Retrospected]

Insurance is offering it to me for 18k, willing to sell for 20k. As Is, Front Driver side damage, airbags deployed, sub frame cracked. Located in Rocklin, CA.

Email me if interested. [email protected]

Is 18k what insurance typically pays out for a 50k car?

 

[Yinn]

Is 18k what insurance typically pays out for a 50k car?

That’s the buyback number. Insurance pays him X. Then gives him the chance to buy the totalled vehicle for $18k. If he buys it, they’re done. If not, they send it off to a salvage auction to try to get $18k or more.

 

[LCR1]

I'd pass on that. It'll probably end up selling for 10-14 at auction.