Thanks for the info Walt. You'd be shocked at the price they want for the buyback for my car. Of course it's a certain percent of what we made them pay for my car... which was a fairly handsome sum in my opinion (for my particular car). Plus they're adding in tax, fees for towing and storage (whic are about $1k alone!). I'm not buying the car back, but I'm trying to gather information for a friend who wants it. If he can't buy the car, I'm going to offer it to the Forum, then the DML. Sorry Marc... it will probably be a cross posting! *GASP!* ;-) Everyone's seen the pictures... I really don't think the car is worth salvaging, or restoring... but I've gotten a dozen or so emails from people who think otherwise. Regarding the car I drove to SEDOC... I'm probably going to end up buying it. I've finally signed over the title of my car to the insurance company, and might get payment as early as tomorrow... or sometime next week. The car isn't perfect, but I feel it's a good starting point. Finding a decent driver for under $20k has proven to be a task... but that car should work great. And yes... I've got a big red raised scar from my gash... it finally closed up. I guess it matches my hair though... lol. My Mom insists that since I'm so damn white that it eventually won't show... lol. -Louie --- "Walter Coe" <Whalt@xxxxxxx> wrote: Hi Louie, With Adam Sullivan's wreck, his insurance valued the car at a little more than $14K. He was able to buy it back for $2500. But then they screwed him on the sales tax. The way it works (at least in Florida) is that they pay you the value of the car and also pay in addition sales tax on that value. The reasoning behind this is it is a reasonable and significant cost that you will incur when buying your replacement car. However, if you buy your wrecked car back (even though it now gets a salvage title) they refuse to pay sales tax (or at least try to). In Florida I have seen this go both ways. Another guy totaled a DeLorean, bought the car back and wasn't penalized on the sales tax amount and didn't get his title converted to salvage (and he really had to piss and moan to get the insurance to do this for him.) They valued the car at around $16K and sold it back to him also for around $2500. But the other guy got screwed on the tax and got the title salvaged. The damage to the title is really worse than the damage to the car IMO. It looks like I will have to title the car in another state if I want to fix it. (I bought the wreck BTW.) Another significant factor between these two cases is that the guy who got the better deal was not the one at fault for the accident. He was collecting from the other person's insurance. Both cars were about equally totaled. Hood gone, fascia gone, everything under fascia smashed, plenty of fiberglass damage, etc. If it happened to my car, and I was getting back a salvage title anyway then I would fight for the sales tax amount. So are you buying the car that we saw you drive to the SEDOC show? Is that gash on your neck from the accident going to leave a cool scar? Walt _____________________________________________________________ Pre-order the updated second edition of "DeLorean: Stainless Steel Illusion" now! Details <a href="http://www.stainless-steel-illusion.com"; target="_blank">here!</a> Yahoo! Groups Sponsor ADVERTISEMENT <http://rd.yahoo.com/M=244522.3707890.4968055.1261774/D=egroupweb/S=170512 6215:HM/A=1595055/R=0/SIG=124j83ehr/*http://ashnin.com/clk/muryutaitakenat togyo?YH=3707890&yhad=1595055> Click Here! <http://us.adserver.yahoo.com/l?M=244522.3707890.4968055.1261774/D=egroupm ail/S=:HM/A=1595055/rand=916648998> To unsubscribe from this group, send an email to: DMCForum-unsubscribe@xxxxxxxxxxxxxxx Your use of Yahoo! Groups is subject to the Yahoo! Terms of Service <http://docs.yahoo.com/info/terms/> .
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