Thread: Total it or buy it back?

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  1. #1 Total it or buy it back? 
    GT Level Member Brammer's Avatar
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    I recently rear ended someone (****ty, I know) and while his Jeep Wrangler came out virtually unscathed my 2002 Grand Prix GT did not. His hitch did some considerable damage and at the moment I cannot even pop the hood. Also it appears the bumper and fender are closer to the tire on the passenger side by about 1.5" as opposed to the Driver's side. Sadly, the total value is $2051 - $500 deductible = $1561 total. However due to existing damage that was never fixed it subtracts another $833, bringing the total value to a whopping $728. Now the buy back price is $200 some odd dollars, which would provide me the car and approx. ~$500 to fix it or do what I please with.

    I have browsed local Craigslist for Grand Prixs (some GTPs ) and have found numerous ones, some older, some newer all with less mileage for anywhere between $2,000 and $4,000. At minimum to be roadworthy and pass inspection (due this month) my car would need headlights (and some hammer straightening as the mounting points are probably bent) and the hood fixed as it requires oil every month (178,000). The car does have some existing issues such as the blower motor resistor, the blend door, the fuel level sensor all need replacing and in replacing one of my wheel hubs recently I noticed one of the my CV axles will need replacing soon.





    What would be my best course of action? Bear in mind I have a motorcycle as well that I use as transportation in the meantime.
    Last edited by Brammer; 08-26-2015 at 01:47 PM.
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  2. #2 Re: Total it or buy it back? 
    Donating Users EHB's Avatar
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    for $200 i'd buy it back and part it out. hell its worth $200 in scrap price alone ...buy it and start a sale thread. the vultures here will pick her clean then scrap whats left over.
    2000 GTP - 3" Catted DP...ZZP Plog...9" Cone filter...Reptile pcm...3.4 pulley...AL104's
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  3. #3 Re: Total it or buy it back? 
    GT Level Member Brammer's Avatar
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    Hell, I'm tempted to buy this and swap out the dash and AC compressor from mine, then part mine out and junk it eventually.

    But then this GTP tempts me as well.

    As does this one.

    This one too, but it's at a less than reputable shop and the price seems a little low...
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  4. #4 Re: Total it or buy it back? 
    GT Level Member Brammer's Avatar
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    I made the call to buy it back. For $218, might as well. It's still driveable if it's colder out and I don't want to take the bike. I'll part it out and then junk it. To top it off it's got a hitch ($150), my head unit, subs, amp and K&N air filter. All of that is worth more than $218.
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  5. #5 Re: Total it or buy it back? 
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    If you have the time and patience, buy it back. For that price you can easily recoupe your money.
    Chris B
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  6. #6 Re: Total it or buy it back? 
    Turbo is the way to go. REDCRAPGP's Avatar
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    Yea I would of bought it back for that price and just parted and scrapped it out if anything.


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  7. #7 Re: Total it or buy it back? 
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    Quote Originally Posted by EHBGoober View Post
    for $200 i'd buy it back and part it out. hell its worth $200 in scrap price alone ...buy it and start a sale thread. the vultures here will pick her clean then scrap whats left over.
    were waiting...

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  8. #8 Re: Total it or buy it back? 
    GrandPrix Junkie idrivejunk's Avatar
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    I say make $218 the fix budget and get on down to the salvage yard while weather is warm. Replace only what is needed, fix whats fixable and get the car back on the road. Just my opinion.
    All Grand Prix, all the time. 69 Model J, 99 GT & GTP coupes. All junk, haha.
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  9. #9 Re: Total it or buy it back? 
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    Quote Originally Posted by Brammer View Post
    I made the call to buy it back. For $218, might as well. It's still driveable if it's colder out and I don't want to take the bike. I'll part it out and then junk it. To top it off it's got a hitch ($150), my head unit, subs, amp and K&N air filter. All of that is worth more than $218.
    damn right , it would be stupid not to buy it. don't know what your salvage yards pay, but here they give you 200 for a car and 300 for a truck or van , and THEY PICK IT UP. you should have no problem selling parts between here, ebay, craigslist, and local. hell if you got 50% or better tread on your tires there's a hundred .. 150 bucks there. you can sell the sensors , door motors , mirrors , seats ,relays , switches , coils , hell everything (except the hood...lol) . someone is always needing something. it might take awhile , but i bet you could pick and sell a grand worth of stuff off it easy. then have em tow what's left away for more money.
    2000 GTP - 3" Catted DP...ZZP Plog...9" Cone filter...Reptile pcm...3.4 pulley...AL104's
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  10. #10 Re: Total it or buy it back? 
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    Little confused on what your doing, but GENERALLY if you buy it back, that means they totaled it. And if they totaled it, its USUALLY no longer able to be titled. You get your car back and they give you a COD that you give to the salvage yard when you junk the chassis.
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  11. #11 Re: Total it or buy it back? 
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    It would be a salvage title in my state.
    2001 GTP PT61 Turbo, E85, Stock Motor
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  12. #12 Re: Total it or buy it back? 
    GTP Level Member buck531's Avatar
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    If there's no major damage (frame, core support, etc), he could just replace the front end and have it inspected at the DMV (at least that's what they do here) and as long as it passes inspection he can get a salvage title for it.
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  13. #13 Re: Total it or buy it back? 
    Turbo is the way to go. BillBoost37's Avatar
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    Quote Originally Posted by idrivejunk View Post
    I say make $218 the fix budget and get on down to the salvage yard while weather is warm. Replace only what is needed, fix whats fixable and get the car back on the road. Just my opinion.
    I feel like you would be the right guy to give him pointers with the number of bumpers you've fixed.
    I drink..so consider that when reading my posts.

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  14. #14 Re: Total it or buy it back? 
    GrandPrix Junkie idrivejunk's Avatar
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    I find it can be less work to fix than part out. People won't pay enough for the parts for it to be worth removing them.
    All Grand Prix, all the time. 69 Model J, 99 GT & GTP coupes. All junk, haha.
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  15. #15 Re: Total it or buy it back? 
    GT Level Member Brammer's Avatar
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    Virginia is weird, even though it's totaled I paid the salvage amount and the title stays just as is. Doesn't become a salvage title or require an inspection to get back on the road.
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  16. #16 Re: Total it or buy it back? 
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    Quote Originally Posted by idrivejunk View Post
    I find it can be less work to fix than part out. People won't pay enough for the parts for it to be worth removing them.
    just from my own person experience. i paid $98 for a EBCM from an ebay junkyard (had to buy the pump along with it ), and $40 for a power seat switch. couldn't find an ebcm local . found the seat switch local but they wouldn't sell it unless i took the whole seat for $75.
    2000 GTP - 3" Catted DP...ZZP Plog...9" Cone filter...Reptile pcm...3.4 pulley...AL104's
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  17. #17 Re: Total it or buy it back? 
    GrandPrix Junkie idrivejunk's Avatar
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    Fixed it.

    Quote Originally Posted by idrivejunk View Post
    I find it can be less work to fix than part out. People won't pay me enough for the parts for it to be worth removing them.
    All Grand Prix, all the time. 69 Model J, 99 GT & GTP coupes. All junk, haha.
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  18. #18 Re: Total it or buy it back? 
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    lol...you didn't sale it here junkster...
    looky here junk.. a sale...bam!!!
    http://www.grandprixforums.net/threa...vers-for-coupe!!
    2000 GTP - 3" Catted DP...ZZP Plog...9" Cone filter...Reptile pcm...3.4 pulley...AL104's
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  19. #19 Re: Total it or buy it back? 
    I live here. Slick2500's Avatar
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    As pretty much everyone else has said in this thread, buy it back and scrap it. Its a 2002 GT.
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  20. #20 Re: Total it or buy it back? 
    GrandPrix Junkie idrivejunk's Avatar
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    Quote Originally Posted by EHBGoober View Post
    lol...you didn't sale it here junkster...
    looky here junk.. a sale...bam!!!
    http://www.grandprixforums.net/threa...vers-for-coupe!!
    Saw that. Only got one extra and I still run 2 coupes. Add hates shipping big things.
    All Grand Prix, all the time. 69 Model J, 99 GT & GTP coupes. All junk, haha.
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