Such a shame.... | Page 2 | FerrariChat

Such a shame....

Discussion in '348/355' started by plugzit, Jun 11, 2014.

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  1. fatbillybob

    fatbillybob Two Time F1 World Champ
    Consultant Owner

    Aug 10, 2002
    29,265
    socal
    You guys make it sound like owners are pushing for the salvage. It is not like that at all and the only owner who wins is one how has a stated value policy not and actual cash value policy or ACV or ST which ever is lower policy. ACV is that low figure they can buy your car at auction where you as a private party can't play. So when the cost of parts/labor exceed the ACV you get a total. Insurance rarely falls in your favor. I have only known it to happen once with a Ferrari in over 30 years.
     
  2. tbakowsky

    tbakowsky Two Time F1 World Champ
    Consultant Professional Ferrari Technician

    Sep 18, 2002
    20,038
    The Cold North
    Full Name:
    Tom
    All depends how well you know the adjuster....
     
  3. SoCal1

    SoCal1 F1 Veteran
    Owner

    Jun 14, 2011
    8,636
    SoCal LA/OC/New Mexico
    Full Name:
    Tim Dee
    You can always ask for a "contract repair" from the insurance company.
    Some companies will do this without marking the title salvage.
     
  4. sevminasyan

    sevminasyan Formula 3

    Jun 24, 2008
    1,156
    Glendale, CA
    Full Name:
    Steve
    Probably going oversees. Sight unseen for 20K is too high. It will climb up a bit more on the day of the auction.
     
  5. phrogs

    phrogs F1 Veteran
    Silver Subscribed

    Apr 13, 2004
    7,358
    Kzoo Michigan
    When the wings travel faster than the fuselage it's a helicopter and shouldn't be trusted !

    Helicopters beat the wind into submission!
     
  6. WATSON

    WATSON Two Time F1 World Champ
    Owner Rossa Subscribed

    Sep 9, 2010
    23,926
    WI
    Helicopters don't fly. They are so ugly the earth simply repels them. :)
     
  7. vvassallo

    vvassallo F1 Veteran

    Aug 4, 2006
    8,329
    Palos Verdes
    Full Name:
    Vince V
    All helicopters are an accident waiting to happen. The Rube Goldberg-esque science that makes them fly is just too complicated to fathom. The maintenance required to keep that technology safe makes owning any exotic downright affordable. I don't think I have ever had to reflect owning my exotic in the number of hours of maintenace per hour of operation.
     

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