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Thanks A Rodder, still not sure what I'm going to do...here's an update:
Through one round of negotiation, State Farm will pay me $23,000 for the Excursion. I can buy back my wrecked Excursion for $4000.
I've already gone out and bought a new '16 6.7L F350 Super Duty Crew Cab. Obviously a sweet ride and years ahead of the Excursion. But the Excursion is/was sweet and I have lots of time and money tied up in it.
So...do I move on from the Excursion and collect the full $23k or buy it back, that is the obvious question....
Can I turn around and immediately sell it for more than $4k?
Should I fix it for cheap myself overtime and drive it? Obviously, I can only answer that, but input is appreciated.
Before making a decision, I'd like to take the Excursion to a different body/frame shop and get another opinion on the frame. An opinion that doesn't require a insurance company mandated life-time warranty on all work performed.
Thanks A Rodder, still not sure what I'm going to do...here's an update:
Through one round of negotiation, State Farm will pay me $23,000 for the Excursion. I can buy back my wrecked Excursion for $4000.
I've already gone out and bought a new '16 6.7L F350 Super Duty Crew Cab. Obviously a sweet ride and years ahead of the Excursion. But the Excursion is/was sweet and I have lots of time and money tied up in it.
So...do I move on from the Excursion and collect the full $23k or buy it back, that is the obvious question....
Can I turn around and immediately sell it for more than $4k?
Should I fix it for cheap myself overtime and drive it? Obviously, I can only answer that, but input is appreciate.
Before making a decision, I'd like to take the Excursion to a different body/frame shop and get another opinion on the frame. An opinion that doesn't require a insurance company mandated life-time warranty on all work performed.
I'll keep you posted...
I hope I never have to deal with this, but if I did, this would be my route. Keep in mind I have four kids, a dog, and a travel trailer.
Take that $23,000 for the Ex, that's a nice dollar amount. Negotiate them down as low as possible on a buy back, I'm thinking you could get them down another $1,000.
Buy a car for $2,000 to drive around for a bit and send your beautiful truck and sacrificed Ex off to have a nice romantic date. Hopefully they get along and find each other intriguing, they will fall in love and mate. You end up with a wonderfully young 2016 Excursion. Hopefully the cost of the date is not that much more than the $18,000 you have from junking the Ex.
Sell the commuter and drive the hell out of a brand new Ex. and you're back up to your $20 grand. As little out of pocket as possible for getting something that everyone on here wants.
You can buy it back and then sell it. The guy I bought mine from did that. It'll have a salvage branded title though, and it isn't able to be registered to drive. Once you fix it, you'll have to provide documentation to get a rebuilt title. The paperwork is super easy (at least here in kentucky) but check what you will need first so you make sure you save enough receipts to get it titled.
FWIW, I'd take they pay out, buy it back, fix it and keep it.
I had a similar issue with the 00 Excursion a couple years ago. Lost control on an icy bridge and hit the concrete median. Ended up getting $10.6K and did the buy back of $1.2K. Had a guy do the repairs and paint the ugly tan cladding and bumper parts for $1,700. It's got a salvaged title so no full coverage option unless it gets inspected. The hit was the rear driver side corner, it bent the frame.
Seems to me like the insurance company is being very fair if not somewhat generous with the money they're offering you for your wrecked ex.
I'd take that cash in a minute and then worry about buying the wreck back.
As far as driving a vehicle that's had a frame fixed, It's all about who does the work. If it's a shop that knows their stuff I wouldn't be concerned about riding in a vehicle that's had the frame fixed
Unless your sig isn't updated you don't have that much in the Ex. I'd take the 23 grand and if you really want another (who wouldn't?), find another. They're out there and you can get really nice ones in the upper teens and no months of work ahead of you or salvage title monkey on your back.
I bought mine this past October with 78k for 17500 with perfect interior, but it did have a small rust issue that I'm taking care of. In my opinion, the plane ticket and the 650 mile trip home was worth it. I think you got a heck of a deal and I would find your new to you Ex.
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