my crashed slick

[64 f100]

Bit, I wouldn't worry to much about lowballing the truck. You need to find the site where there is a book value to antique vehicles. The hours alone to replace a beside is 10.5. in my book, and this does not include straightening anything nor paint and repair to the bedside if it has dents etc. , I was serious about a 4K estimate and that may not cover it. Book on your truck should be up in the 7 to 11K range. Keep in mind, I can give you the hours to replace body parts on the truck with new parts. You can get an apraisal done by an antique vehicle apraiserfrom pictures and desdcriptions. Reciepts are handy also.

Rich

[Michelle]

What a bummer, but as the man says s#!t happens. I wish you the best with the insurance.

[sparky8131]

I agree with others, find out what the value so that you don't get screwed.
About 4 years ago I was in a wreck with my 70 Mustang. Insurance tried to total it saying it was just a 70 Ford, that's when I told them I had insured for
$15k for a reason. Just looking on NADA, it looks like the average retail
on your truck would be around about $12k. BTW, it looked like a very nice truck before the wreck. Hope to get mine looking just as good.

[bit]

yea i agree with you all. i am in the biz so i have delt with this a lot. allstate did use a antique apprasel service the problem you get into is what is it worth. the books are not used much anymore as they look up comparable sales of these trucks and come up with a figure that way, that is a fair way to a point only you come up with a price that is open to a matter of opine you just have to hope they think like you do and the adjuster that looked at it seemed perty fair so far but we dont have a figure yet. personally i counted about 1500 in parts so that will be a dtarting point when i see the estimate oh well time will tell hopefully this week thanks sparky you will just dont get in a hurry


bit

[bit]

oh rich i am figuring 4500 myself i think i would be happy with as a estimate but not if they total it then we will have to go up what i am afraid of is what if he comes up with the parts for 300 bucks we know would be less than standard because i built this truck with rust free parts

bit

[factorystock]

You really need to do your own research on how much a similar truck is selling for. What you want and what people are willing to pay are two different numbers. How much would people on this forum pay you for your truck? How much can you buy a similar truck on ebay or in a classified add for? I've seen clean shortbed F100's with no sale at $3500. As I said earlier, you will find the body work labor parts paint will exceed the value of what a truck like yours sells for. When they say they want to total it, take the highest offer and look for another. Don't buy it back, they will salvage the title and you will be in misery trying to rebuild a wreck that will always say "salvage" on your title (not very resellable).

[Uncle Skip]

Ladies and Gentlemen.
As sad as Bit's problem is, this is a learning opportunity.
Specialty Insurance Companies, ie. Haggerty, understand the collector car hobby and understands that anyone who puts this much love and effort in a vehicle is NOT going to be a brainless kid out on a joy ride and probably will NOT be found in violation of the law in the event of an accident.
Ergo, they pay with very little aggravation to you. And understanding the hobby, they will work with you to restore your ride.
I respectfully suggest that all of you consider Haggerty (or a similar insurer) and leave companies like Allstate, Progressive, et al on the curb.
Now I will get off my soap box, go quietly and get back to my rat killing in Paradise.
U@ss

[DV65CustomCab]

Don't buy it back, they will salvage the title and you will be in misery trying to rebuild a wreck that will always say "salvage" on your title (not very resellable).

Disagree; when it comes to collector cars this is not as true. If the wreck and rebuild are documented, the salvage title will be a mostly moot point. On a 'modern' vehicle, yes, the salvage notation will take 25-50 percent off the resale value (and yet insurance will still charge you full price to insure it!). On collector cars, the condition of the vehicle is everything and buyers are typically more savvy and better educated than someone buying a 3 year old Accord. While the salvage title would give me cause to look even more closely at the vehicle in question, with photo documentation of the original hit and the repairs performed I could pretty well dismiss it as a minor annoyance. Repairing this particular truck isn't really much different than if it were restored from a 'basket case'. As a guy who knows about auto body repair, I'd much rather buy this truck if it were fixed properly than a rust bomb that had 20 panels replaced by a hobbyist in his garage. Do I really want to trust Joe Redneck's welding ability on new cab mounts and floorpans vs a truck repaired in an auto body shop? Think about that one.

[bit]

well i guess you can say the word is in they were perty fair only we have a difference in what parts are worth wich i think will be hammered out next week so i am not sweating that.


first let me tell you about myself i have a towing biz i do front end alignments also i do frame work i am a dealer so i buy and sell wrecks in other words you could say i am a rebuilder so i know all about salvage history salvage titles.


no matter to me i was going to repair my truck wether it was salvage or not that being said the worth of something like this is really anybodys guess and everybody has a different thought on that so i thought my best bet would be if it didnt total to fix the truck for the estimate.

now the total part if you look on nada these trucks are listed in worth from 6500 to 20,000 so the thresh hold for salvage is 75 percent so the whole point is you put the worth of the truck in that range and stay under 75 percent and this is what i asked the adjuster to do.


the bottom line is i wanted around 4500 to do the repairs and he come in at 3900 but as i said there is a difference in parts pricing and he forgot to include a few pieces on the estimate so i will get there with no problem.


heres the deal everybody has there on opine about salvage history and what the value of these trucks are so eachperson that gets into a deal like i did has to do whats rite for them, i didnt want the history because at that point you really have to try and come up with a figure of what is my truck really worth i mean really worth


Thanks everybody Bit

[64 f100]

Bit, like I said I have a motors estimaters guide for these year trucks, and will give you the hours to replace any part on the body. However, this was when you could get new parts for the truck and not allowing for repair of used parts or media blasting costs etc. etc. . If you need this information, just let me know. You may also want to know that there was a shortbed bed on Evilbay with a starting bid of 1,000, don't know if it sold or not. Any time you deal with an insurance company, they have to justify what they pay out to their boss. This is why, I have the book. I've been thru this several times now in minor accidents and one major. If you document values, most adjusters appreciate it and fall into line. Just bear in mind, that body work to used parts will be as high as the parts if not more so. It sounds like you have it pretty well in hand, but it also looks like you are on the loosing end at 4500$ if you caount for all your labor.

Rich

[bit]

you are correct rich and i thank you for the help 4500 was just a number for me that i felt satisfied in the big scheme of things as i was gonna tear the truck down this winter and redo any how so i kinda figure as somewhat getting paid for that.

thanks bit