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E46 (1999 - 2006)
The fourth generation 3 Series (E46 chassis) was introduced in 1999 and set the standard for engineering and performance during it's years of production including being named to Car & Driver's 10 best list every one of those years! ! -- View the E46 Wiki

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Old 07-20-2012, 03:00 PM
gshin gshin is offline
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Location: Indianapolis
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Mein Auto: 02 325i
Blah, another sob story

On the way to a doctor's appointment yesterday, and a lady pulled out and hit me. Got the initial calls to both insurance companies out of the way last night, but no follow up from her insurance as yet to authorize work.

First estimate is at $2500. I don't really care since it's not my nickel, but... there's a chance the current value (damaged) + insurance check is greater than the future value (repaired). Not having been in this situation before, any thoughts? Or am I just having a pipe dream? I figure I'll hit a CarMax to get an offer as well as trade in value (assuming they have an e46 in a manual somewhere).


Last edited by gshin; 07-20-2012 at 03:04 PM. Reason: forgot to add image :/
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Old 07-20-2012, 06:54 PM
FredoinSF FredoinSF is offline
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At $2,500 you are still in the clear. Unless some major mechanical components were missed (AC condenser, radiator, airbag parts) you should get your car back.

Indiana has a pretty strict law about forcing the car into a total loss status once it hits a certain percentage of its base value. I don't recall that percentage is something tells me it is lower than the typical 75 to 80%. If it ends up being totalled, the insurance company will still be able to determine the value of your car even if it is a manual. They use the base value of year make and model in your area, then adjust for miles, options and condition. They are under no obligation to find a manual transmission vehicle as a comparison, the transmission is simply handled as an option. Incidentally, this sort of stuff is what I deal with Monday through Friday

If you get to the point where the car is totalled and you are not getting what you feel it's worth you may need to start finding your own comps. I had to do exactly that when a tree fell on my e24.

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