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How much value for a parts car? by Fats
Started on: 01-13-2022 11:46 AM
Replies: 8 (141 views)
Last post by: Raydar on 01-14-2022 07:34 PM
Fats
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Report this Post01-13-2022 11:46 AM Click Here to See the Profile for FatsClick Here to Email FatsSend a Private Message to FatsEdit/Delete MessageReply w/QuoteDirect Link to This Post
86 SE. It didn't run, but could have with minor work, had all the glass and no rust. Panels were in OK shape. Bad paint, Bad 14" tires, and needed an alternator. Interior was apart. (It was a parts car) and the taillights were removed.

Car was hit it last night along with two other cars that we can value easier, but we aren't sure what a parts car is worth to replace. I'd recon not a lot really. In all honesty, if someone had asked if they could have it, I would have just given it to them. I also kinda feel like she should pay something.

I don't have any photos yet that aren't in the dark, but all the glass is gone now. Damage that wasn't damaged before is: decklid, top, sunroof, windshield hood, rear passenger fender, passenger door, front passenger fender, front and rear passenger wheels and anything that connected them to the car. I'll try to get out later and get pictures, but we're dealing with other issues as well non accident related.

Accident was a 17 year old girl that missed the corner and was going way way way too fast. Her family is paying out of pocket. Her Father is currently fixing fence that she took down.

BTW, the State Trooper that responded was a Fiero guy, he looked around at some of my "collection" and said to "never sell one" as that is one of his major regrets, selling his. That's been my issue, not selling lol. The wife wasn't happy, but an order from Law Enforcement is an order.

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Raydar
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Report this Post01-13-2022 11:58 AM Click Here to See the Profile for RaydarClick Here to Email RaydarSend a Private Message to RaydarEdit/Delete MessageReply w/QuoteDirect Link to This Post
I'd guess $250-$400. If the car was not worth much of anything to you, but you want to set an example, just lean to the "low" side. If it's really crushing to them, just say $100 or even "forget it".
But how does one pay for 2-3 cars (not including their own) out of pocket? Sounds expensive.

[This message has been edited by Raydar (edited 01-13-2022).]

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theogre
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Report this Post01-13-2022 01:41 PM Click Here to See the Profile for theogreClick Here to visit theogre's HomePageSend a Private Message to theogreEdit/Delete MessageReply w/QuoteDirect Link to This Post
Other Driver should have Car Insurance then That Insurance Co will likely Total your Fiero and doesn't care if car ran or not.

If/when you sign for a Total Car and paid then I-co now owns it and likely go to the crusher very fast.
Expect to get very little for any old car when they Total them.

If you want/need parts off it could buy back the car but often have "Salvage Title" and have no value to many except taking parts off. Many states make fixing a Total then drive very hard to impossible.

Note that in many places... Any Wreck cars Parked anywhere public can see causes HOA problems, Code Enforcement or Police towing in hours to days.
Code Inspectors & Police can run a tag if has one to see expired tag, no insurance, etc. and tow faster or take you to court.
Aggressive HOA can fine you and put Liens on property and then sold thru Sheriff Sale very quickly then most think.

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Fats
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Report this Post01-13-2022 08:02 PM Click Here to See the Profile for FatsClick Here to Email FatsSend a Private Message to FatsEdit/Delete MessageReply w/QuoteDirect Link to This Post
 
quote
Originally posted by Raydar:

I'd guess $250-$400. If the car was not worth much of anything to you, but you want to set an example, just lean to the "low" side. If it's really crushing to them, just say $100 or even "forget it".
But how does one pay for 2-3 cars (not including their own) out of pocket? Sounds expensive.



The parents said they would cover the cost of the cars and just keep insurance out of it. The State Trooper that was there said if there was an issue with anything in the next few weeks, he could write a report out, but for now he would let us work it out ourselves.

They showed up and replaced the fence today.

They haven't argued about anything, and I told them the two were just thousand dollar cars. Probably worth more in this market, but it's about what I would have sold them for and I told them I'd figure out what the parts car was worth. I'm not trying to make a buck off of this stuff, and really several months (could have been a year ago) I was ready to give every single one away, but nobody was interested. I do kinda want to set an example, but I figure if it's out of Daddy's pocket, it doesn't matter to the kid anyway.

I don't think they are well off, but they have been very kind so far.

These aren't fancy Fieros, my "good" ones are in the driveway. These are just some of the "overflow". I covered the car that's damaged the most up so it doesn't get rain in it, and I'm going to spend the next few weeks picking parts off of each one and hauling the rest to scrap.
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Fats
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Report this Post01-13-2022 08:03 PM Click Here to See the Profile for FatsClick Here to Email FatsSend a Private Message to FatsEdit/Delete MessageReply w/QuoteDirect Link to This Post

Fats

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Member since Jan 2012
 
quote
Originally posted by theogre:
Note that in many places... Any Wreck cars Parked anywhere public can see causes HOA problems, Code Enforcement or Police towing in hours to days.
Code Inspectors & Police can run a tag if has one to see expired tag, no insurance, etc. and tow faster or take you to court.
Aggressive HOA can fine you and put Liens on property and then sold thru Sheriff Sale very quickly then most think.



Yea, HOA would have already thrown a fit here lol. I appreciate the response man. Luckily we are deep in the country.
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RWDPLZ
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Report this Post01-13-2022 09:49 PM Click Here to See the Profile for RWDPLZClick Here to visit RWDPLZ's HomePageSend a Private Message to RWDPLZEdit/Delete MessageReply w/QuoteDirect Link to This Post
If you didn't need all those parts or planned to restore the car, tell them $500 cash. Their rates would go up that much a month in Michigan if a 17 year old was in an accident. The fact the police are involved means you might even get it.

If you want to actually teach her a lesson, give Dad a list of the damaged parts and have him take her to the junkyard and pull the damaged parts off another Fiero while he watches.
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reinhart
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Report this Post01-14-2022 05:27 AM Click Here to See the Profile for reinhartClick Here to Email reinhartSend a Private Message to reinhartEdit/Delete MessageReply w/QuoteDirect Link to This Post
 
quote
Originally posted by RWDPLZ:

If you didn't need all those parts or planned to restore the car, tell them $500 cash. Their rates would go up that much a month in Michigan if a 17 year old was in an accident. The fact the police are involved means you might even get it.

If you want to actually teach her a lesson, give Dad a list of the damaged parts and have him take her to the junkyard and pull the damaged parts off another Fiero while he watches.


I think the bigger issue is the frame is obviously gonna be messed up. Throwing a new fender on isn't putting the car back to per-collision condition. I would probably ask for $1000 per car and you keep the cars. If the insurance were involved they would give you $1200 and let you buy back for $200 I would guess.
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Fats
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Report this Post01-14-2022 10:19 AM Click Here to See the Profile for FatsClick Here to Email FatsSend a Private Message to FatsEdit/Delete MessageReply w/QuoteDirect Link to This Post
Alright. Thanks guys. I think I've got a decent idea.

Frame is gone now.

Anyone want to buy a rust free, slightly bent Fiero? Most of the panels are already off for easy access to the bent parts.

We're asking the county to put some signs up or something. That's the 6th time in 20 years that someone has missed that corner, though this is the first time someone was going fast enough to go through the ditch.

At least the kid was OK.
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Raydar
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Report this Post01-14-2022 07:34 PM Click Here to See the Profile for RaydarClick Here to Email RaydarSend a Private Message to RaydarEdit/Delete MessageReply w/QuoteDirect Link to This Post
 
quote
Originally posted by Fats:
...
At least the kid was OK.


Good deal. I'm happy to hear that. Sounds like a hell of a ride.
I bought a Formula parts car a number of years ago, that had been driven into a dirt bank when the 17 y.o. girl who was driving it blew a turn in the rain.
It was easily a foot shorter on the right side than the left. Broke the windshield, and bent the spaceframe all the way back to the B pillar.
Driver was fine, afterwards.
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