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Old 10-16-2013, 09:22 PM   #26
lymphomaniac
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Member#: 334451
Join Date: Oct 2012
Chapter/Region: VIC
Location: YVR
Vehicle:
2013 Impreza2.0i CVT
DGM (sedan)

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Quote:
Originally Posted by Wrgb View Post
So because I know people are interested.

Icbc doesn't even wanna discuss car buy back.
Won't gimme numbers on what the write off valuation cutoff was

But first offer was 4875 minus 750 deductible equals a check for 4125$


Also very recent 2600$ of maintenance (2000km ago), and brand new battery don't count at all because, and I quote...

"You couldnt sell the car without a head gasket or a battery, so it doesn't make your car worth any more"
That's a pretty ****ty deal. Can't believe they'd just toss out a new battery and the maintenance costs.

The suggestion from the quoted post below (post #8 in this thread) is probably worth a shot, given the raw run you're being given by ICBC.

Quote:
Originally Posted by ToxicWRX View Post
The adjuster (who happened to own a Nissan 240) told me "because there has been no matching cars bought or sold on craigslist in the last calendar year it is policy to revert to black book pricing, my off the record advice is to hire a private estimator who does the price setting for custom builds and u build bikes to inspect and write a report on your car. His report does not get questioned and is then used for estimating value of the vehicle"
The fellow cost me $400 to do the report and it was done in a week. He took ALL new and replaced parts into consideration as well as custom work. Long story short, my insurance buy out went from $1800 to $8500 plus taxs, no questions, paid in 24 hrs of forwarding the report to insurance adjuster.
The $400 bucks is worth it. Don't let yourself get screwed over.
EDIT: also sucks about the high deductible.
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Old 10-16-2013, 09:25 PM   #27
Drakar
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Member#: 68402
Join Date: Aug 2004
Chapter/Region: VIC
Location: Coquitlam, BC, Canada
Vehicle:
2009 Forester XT
Camellia Red Pearl

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Tough call 4k isnt to little to warrant part out and its not really enough to buy another gc. Even jdm.

Fixing the car coukd be possible like zefy and myself said we have enough parts in the community to get you fixed. Minus the quarter.
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Old 10-16-2013, 09:58 PM   #28
DIGGYGV8
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Member#: 313558
Join Date: Mar 2012
Chapter/Region: VIC
Location: Burnaby
Vehicle:
2011 STi Sedan
SWP

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Quote:
Originally Posted by Wrgb View Post
So because I know people are interested.

Icbc doesn't even wanna discuss car buy back.
Won't gimme numbers on what the write off valuation cutoff was

But first offer was 4875 minus 750 deductible equals a check for 4125$


Also very recent 2600$ of maintenance (2000km ago), and brand new battery don't count at all because, and I quote...

"You couldnt sell the car without a head gasket or a battery, so it doesn't make your car worth any more"
errr... i'd argue right back and pull the 1000's of ads for cars with ****ty batteries or leaky headgaskets.
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Old 10-17-2013, 01:13 AM   #29
coupe-a-loop
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Member#: 336028
Join Date: Oct 2012
Chapter/Region: VIC
Location: Scuurrvey BC
Vehicle:
1995 v2 sti type ra
Glacier White

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Rs's come up every now n then for around 5k. I bought my old one 2.5 yrs ago for 5.5k and never had any issues at all. Was respectably molested with a borla header, short throw, greddy exhaust, and tein coilovers with camber plates. Oh also jdm wrx interior swap, sti wing. Sucks what happened but keep your eyes peeled if you really want another it is doable! Best of luck.
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Old 10-17-2013, 02:26 AM   #30
Zefy
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Member#: 105104
Join Date: Jan 2006
Chapter/Region: VIC
Location: Coquitlam, BC, Canada
Vehicle:
1979 BRAT / 01 RSTI
99 2.5TS (DEAD) / 87 GL

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That is a low offer... refuse it...

$4k, US import, 305k km...

http://forums.nasioc.com/forums/show...ighlight=2+5rs

5k, US import, 190k km...

http://forums.nasioc.com/forums/showthread.php?t=2491053&highlight=2+5rs


$3500, 205k km, and a blown motor (headgasket, crankwalk)!!!

http://forums.nasioc.com/forums/show...ighlight=2+5rs

Yours is in better shape than all of those cars, I think lower miles, and I bought mine WITH a blown motor... Can't sell cars without batteries and HG's my ass...

These cars not running barely changes the value of these cars oddly enough...
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Old 10-17-2013, 12:40 PM   #31
Solar
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Member#: 79825
Join Date: Jan 2005
Chapter/Region: VIC
Location: Cloverdale
Vehicle:
2000 Impreza 2.5 RS
White body + carbon hood

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It's %100 " you know what " that you cant get your car back.


I don't know how ICBC operates..... If they tell you your car is written off it instantly belongs to them?????
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Old 10-17-2013, 12:53 PM   #32
Zefy
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Member#: 105104
Join Date: Jan 2006
Chapter/Region: VIC
Location: Coquitlam, BC, Canada
Vehicle:
1979 BRAT / 01 RSTI
99 2.5TS (DEAD) / 87 GL

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Quote:
Originally Posted by Solar View Post
It's %100 " you know what " that you cant get your car back.


I don't know how ICBC operates..... If they tell you your car is written off it instantly belongs to them?????
you have to sign a salvage release title. This is the other reason they want to write the car off. They make money selling it at auction! If you accept the settlement, they own the car. You are still allowed to get your car back but you won't get any money from your insurance and they'll slap a salvage title on it...

Another fun fact, even without the salvage release title, they still sell the cars. They just don't care about theft...
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Old 10-17-2013, 01:15 PM   #33
alexinvancouver
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Member#: 251482
Join Date: Jul 2010
Chapter/Region: VIC
Location: Surrey, BC
Vehicle:
2000 2.5RS silver
2011 Lexus, 1990 all-trac

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Quote:
Originally Posted by Zefy View Post
They make money selling it at auction!.
they won't make too much off of this one.
i bet it'll be sold for around 900-1400. (cuz i dont know the mileage and if icbc sells it for rebuilding or dismantling purposes)
now if they pay $4000 and sell it for 1000 they loose $3000
...of course the rest of us will cover this loss at the end

i'm gonna keep my eye on it and if the owner wants to have it he can bid on it and buy it back from me +$100 dealer commission.
and yes, it'll have a rebuilt title after all the repairs and formalities.
this if it's sold for rebuilding.

if it's for dismantle then it'll be sold real cheap and only junk yards can bid on it.
...and then i start wondering if the hood is steel or aluminum
...and i need a piece of a side skirt too
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Old 10-17-2013, 01:27 PM   #34
Drakar
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Member#: 68402
Join Date: Aug 2004
Chapter/Region: VIC
Location: Coquitlam, BC, Canada
Vehicle:
2009 Forester XT
Camellia Red Pearl

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Steel hood.

Only jdm turbo cars got aluminum.

I got a v1 you can have cheap if you want.
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Old 10-17-2013, 09:09 PM   #35
FunkMasta
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Member#: 66985
Join Date: Jul 2004
Chapter/Region: VIC
Location: Coquitlam, B.C. Canada
Vehicle:
2001 2.5RS sold
2012 2.0 Hatch

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i knew someone would bring up my old car.

get an independant valuation done, and go from there.

and do not back down until you're happy.


good luck.
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Old 10-18-2013, 12:53 AM   #36
pistachoo
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Join Date: Mar 2008
Chapter/Region: VIC
Location: Vancouver
Vehicle:
2006 WRX STI stg 2
CGM

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Quote:
Originally Posted by Zefy View Post
Another fun fact, even without the salvage release title, they still sell the cars. They just don't care about theft...
Yep :P I had this happen once. Jerks.
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Old 10-30-2013, 07:46 PM   #37
Wrgb
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Member#: 169096
Join Date: Jan 2008
Chapter/Region: VIC
Location: Langley BC Canada
Vehicle:
2009 DGM STi Hatch
2000 2.5RS *Gone*

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Hey everyone, thanks so much for everyone's concern, advice, information.
This is the first time something like this has happened to me and so everything is greatly appreciated.

Icbc is trying to strong arm me into their lowball offer and even though I formally rejected their offer they wrote a check and it's waiting for me to pick it up (just leaving it there).
I've contacted them saying I'm putting together an information package to try and convince them it's worth a bit more.

Btw to whomever asked... It's was 162,000km, 2000MY.


So now I guess I start looking for something new, at least new to me.
Top choice is 2006 wrx (ideally a limited with lower km, but that's really looking for a different unicorn)
But not a lot is popping up recently.

Also because I need a car by Christmas I'm also considering a mazdaspeed6 (nice interior, although from what I've read; much worse awd, and arguably worse reliability)

Thoughts anyone?
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Old 10-30-2013, 08:45 PM   #38
Drakar
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Member#: 68402
Join Date: Aug 2004
Chapter/Region: VIC
Location: Coquitlam, BC, Canada
Vehicle:
2009 Forester XT
Camellia Red Pearl

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Speed6 is junk. Speed3 is ok but no traction.

Wrx limited is a solid choice but youd be so close to an 04 or 05 sti.

Maybe try another brand. So much out there. Are you LHD only? Cause I know you could probably talk to an importer and grt something fun for cheap.
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Old 11-08-2013, 06:43 PM   #39
Wrgb
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Member#: 169096
Join Date: Jan 2008
Chapter/Region: VIC
Location: Langley BC Canada
Vehicle:
2009 DGM STi Hatch
2000 2.5RS *Gone*

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Hello Everyone.

So im still putting together a package to convince ICBC. but on a happier notes:

I'm now officially looking for a new Subaru now.
(Ideally a 06-07 WRX 5spd - limited would be extra bonus).

Gonna be trolling CL and the nasioc FS section from now till christmas,
Wish me luck and lemme know if anyone hears of anything else.
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