Well, I finally got the call from the insurance today. We are FINALLY settling. I am getting a little more than i paid, but unfortunetly, my bad credit-high interest rate loan has added a **** load of interest, so I am in the hole over a grand.

I decided to move and will have a garage. Maybe I can do another R, but i dont know right now. Thanks for everyone's support and DOWN WITH THE F&$KING THEIVES!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! !!!

 

That sucks....

 

care to share what exactly your settlement came out to be?

 

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by neo_ &raquo;</TD></TR><TR><TD CLASS="quote">You know you want another R...</TD></TR></TABLE>
$17,500 + tax - deductible = $18,300

Interest on said 18% caR loan $1,114.41.

Now accepting donations

 

******* bastards stole my old car. Glad to hear you got everything worked out. Any word on the shell?

 

wow, you got yourself in a sticky situation. regardless, i do believe that gap insurance would have protected this. (???) hopefully you will be able to consider my R more. there are a couple other interested, but not serious buyers.

 

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by Dave_B &raquo;</TD></TR><TR><TD CLASS="quote">******* bastards stole my old car. Glad to hear you got everything worked out. Any word on the shell?</TD></TR></TABLE>

No. they refused to let me buy it back.

 

Best of luck on what you decide. I have been all over the place. Hope you enjoy your new car as much as you would of enjoyed the R.

 

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by SouthFlorida-ITR &raquo;</TD></TR><TR><TD CLASS="quote">

No. they refused to let me buy it back. </TD></TR></TABLE>

Do they do this to deter false claims? Meaning if you had the car stolen then bought it back you would have the ins co's cash and all the supposedly stolen parts?

 

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by SouthFlorida-ITR &raquo;</TD></TR><TR><TD CLASS="quote">Interest on said 18% caR loan $1,114.41.</TD></TR></TABLE>

Dayum! Did you put the car on your credit card?!

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by nightrider &raquo;</TD></TR><TR><TD CLASS="quote">regardless, i do believe that gap insurance would have protected this. (???) </TD></TR></TABLE>

Never heard of gap insurance for cars....

 

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by Opie &raquo;</TD></TR><TR><TD CLASS="quote">

Do they do this to deter false claims? Meaning if you had the car stolen then bought it back you would have the ins co's cash and all the supposedly stolen parts?</TD></TR></TABLE>

That would be my first guess. I would like to buy it back. It was my first R.

Edit: I had gap insurance on that car when I bought it.

 

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by Mugen Mike &raquo;</TD></TR><TR><TD CLASS="quote">

Dayum! Did you put the car on your credit card?!

Never heard of gap insurance for cars....</TD></TR></TABLE>

I had gap ins on all of the cars I've taken a loan out for. Usually the company that gives you the loan offers the gap ins.

 

bleh sorry to hear about it again.

least you got it back... good luck with the restoration man!!!

 

things will get better... right now you have a bad taste in your mouth, as time passes and your read this forum more without currently having one, it'll suck you back in and you'll get another one in due time, after you have your garage. trust me :thumbup

 

Once again, I am sorry for your loss, but don't let it discourage you from another ITR. Once you havea place to store it, think about another.

-Brad, who helped get a thief in Monroeville PA busted tonight for selling stolen parts.

 

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by Mythias &raquo;</TD></TR><TR><TD CLASS="quote">-Brad, who helped get a thief in Monroeville PA busted tonight for selling stolen parts.</TD></TR></TABLE>

 

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by walker111 &raquo;</TD></TR><TR><TD CLASS="quote">

I had gap ins on all of the cars I've taken a loan out for. Usually the company that gives you the loan offers the gap ins.</TD></TR></TABLE>

i didnt have it...they never offered it and i didnt think to ask. live and learn!

 

<TABLE WIDTH="90%" CELLSPACING=0 CELLPADDING=0 ALIGN=CENTER><TR><TD>Quote, originally posted by SouthFlorida-ITR &raquo;</TD></TR><TR><TD CLASS="quote">I decided to move and will have a garage. Maybe I can do another R, but i dont know right now. </TD></TR></TABLE>

Get an S2000

 

I strongly advise everyone to get gap insurance!!! Say you buy a type R that is immaculate for 25k, Its a 97 but mint condition and you feel that it is worth that much. Next day it gets stolen, ins says its worth 15k, without ins you will pay 10k for a car that you dont have. Gap insurance will pay that "gap" of 10k.

 

I have seen a couple of people here get quite a bit more in return for thier 01' R's. I thought you might have settled for closer to 20K.

Did you have a crappy insurance company? I used to work for State Farm and my agents office paid out like $21K a year ago on an 01' R.

Sorry to hear about the bad luck. Maybe good karma is coming your way.

 

Just settled with my insurance company as well. After tax and minus my $500 deductable, I came away with $18,000. Could've been better, maybe worse for an 01 with 50k on it. Little did I know the worst was yet to come last night in my new S2000.

https://honda-tech.com/zerothread?id=1523232

 

Sucks to hear. That thing is def totallled!!