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1990 BMW 735iL Questions and Upgrades?

40 messages,  Last post on May 23, 2010 at 11:53 AM

You are in the Speed Shop Tuning and Modification Forum.

What is this discussion about? BMW 7 Series, Engine, Sedan

Messages Page 5 of 5

#36 of 40 Re: Input Radio Code for a 1989 735iL [pennylanea] by Mr_Shiftright HOST

May 23, 2010 (8:30 am)

Replying to: pennylanea (May 22, 2010 4:01 pm)
You should be able to get more for the car if you handle the situation correctly. You can approach this two ways:
 
1. You can refuse their offer and demand X dollars, showing proof from ads and price guides. You can't just pick a number out of the air. You need to base it on something.
 
2. Perhaps a better way is to hire an appraiser who can look at the remains, look at your receipts, etc. and blend it all together in a professional appraisal which is then submitted to the trucking company.
 
If neither of those works, you can sue them in Small Claims Court up to the amount allowed by Small Claims in your jurisdiction.
 
Depending on how nice the car was, it's possible you could justify asking between $5000--$7500. Any more than that isn't going to happen IMO.

#37 of 40 Re: Input Radio Code for a 1989 735iL [Mr_Shiftright] by pennylanea

May 23, 2010 (9:13 am)

Replying to: Mr_Shiftright (May 23, 2010 8:30 am)
I saw one online less as nice as mine was for 13k. I did refuse the offer and I will take them to small claims court. Thanks for your input. I appreciate it very much.

#38 of 40 Re: Input Radio Code for a 1989 735iL [pennylanea] by Mr_Shiftright HOST

May 23, 2010 (11:13 am)

Replying to: pennylanea (May 23, 2010 9:13 am)
13K is simply not supportable by evidence. Asking prices are nothing more than a seller exercising his First Amendment rights.
 
If you present a radical value, they will stonewall you, and I don't blame them actually, for insisting on proof of value.
 
The market price is based on points of sale, not upon what someone puts into a car, unfortunately.
 
The whole purpose of insurance, and in fact what it was meant to do, was to "make you whole" by giving you enough money to replace the car with one in like kind and condition.
 
That is, legally, what you are entitled to IMO.
 

#39 of 40 Re: Input Radio Code for a 1989 735iL [Mr_Shiftright] by pennylanea

May 23, 2010 (11:18 am)

Replying to: Mr_Shiftright (May 23, 2010 11:13 am)
2 bmw here in Chicago just like mine sold for 10k. I dont know what your talking about. Im not trying to rip of the insurance company. but never mind dont need your advice anymore Im talking to an apraisal

#40 of 40 Re: Input Radio Code for a 1989 735iL [pennylanea] by Mr_Shiftright HOST

May 23, 2010 (11:53 am)

Replying to: pennylanea (May 23, 2010 11:18 am)
Well I'm just telling you what to expect. $10K is probably not a realistic expectation given how insurance settlements work. You can buy a year 2000 7-series for that money. Of course, you can ask whatever you want, and I hope you get it. Good luck.

Messages Page 5 of 5

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