Post by cooper on May 6, 2010 15:11:10 GMT -6
So my brother bought a Genesis Coupe back in January (3.8L track model). He totaled the car Saturday night. The insurance company came back with an offer today to give us the purchase price of the car. We also have the option to but the car back from them for $5,500. I'm trying to decide if I should part it or not.
The car suffered some structural damage, including damage to the firewall. However, the engine is fine (only ~15k miles on it). The rear of the car is also still intact. In a perfect world, the engine/tranny would sell for $3k-$5k, not to mention what I can get for the brembo calipers, the interior, the differential, trunk lid with spoiler (only available on track model). After everything sells I can even bring the car to a scrap yard and make ~$100 off of the shell.
I just don't want to tell him to buy it back and then not be able to make the money back off of it. Opinions? Suggestions?
The car suffered some structural damage, including damage to the firewall. However, the engine is fine (only ~15k miles on it). The rear of the car is also still intact. In a perfect world, the engine/tranny would sell for $3k-$5k, not to mention what I can get for the brembo calipers, the interior, the differential, trunk lid with spoiler (only available on track model). After everything sells I can even bring the car to a scrap yard and make ~$100 off of the shell.
I just don't want to tell him to buy it back and then not be able to make the money back off of it. Opinions? Suggestions?
