Hi All-

well on Monday night I was in the left lane of a 2 lane. Someone made a left turn in front of me. They came from behind a car in the right lane (right lane was moving slow). my lane was moving at about 50 MPH. Boom!

Didnt even see it coming. No time to hit breaks. Airbag deployed into my face. Wow. It was a hell of a stop. Had to climb out the window as the doors wouldnt open.

Pretty massive damage to the front right, hood, 1/4 panel, doors, etc.

What do you think? I owe about 19,900 on it, its a 2008 w/ 28,000 miles.
Its def worth a bit over what I owe.

Anyone w/ more experience than me care to venture a guess? IM guessing $10,000 in parts as a rough estimate. DOnt think the suspension has been damaged, but who knows. Front airbag went off.

Im 30 yrs old, I boxed for many years, have a strong neck and shoulders. I am not hurt, and am not sue happy. I went running today actually and my back feels better than it has in years. lol

cheers. any feedback appreciated. no matter what happens, I will miss this great car and the fun 2 years I had in it.

 

Sorry to tell you this, but if you couldn't open your door, it's twisted! If I had better pics, I could tell you for sure, but the driver's door not opening from a right front impact is the first sign.

 

actually i hope its totaled. its a lease w/ 1 year left. id rather a new car and maybe $1000 in my pocket than a repaired one

i know the frame is bent but i know that alot of places can pull frames out straight (correct me if im wrong) these days...im hoping that isnt the case but i think its just easier for insurance co to salvage this thing for 10k and pay me 10k than to worry about doing at least 10k in repairs.

 

If it's a lease, how do you figure you owe $19,900 on it?

 

Wait a minute. If it's a lease and you don't have stop-gap coverage, you're screwed. If you have the coverage, you walk away and owe nothing. If you don't, you owe the difference between the salvage value and the pay-off. Either way, you won't get any $$$ in your pocket.

 

^^^ exactly. no Gap Insurance - you will likely wind up owing them money, not the other way around.

Actually, the more I think about it, the worse it looks. You don't own this vehicle, the lessor does. You're not entitled to a penny of the settlement. In fact, assuming it's a standard lease, you're going to owe the difference in the "value" determined by the lease company and what the insurance pays them.

 

Cars can be replaced. Glad to see you're ok.

 

This area here does not look good.

 

I advise that you put your insurance company and the lease company in touch with one another. Let them work it out.

 

OP, Did this happen on Half Mile rd. If so I happen to live right next to there, and drive a 08 nogaro. This resulted in countless phone calls while on my way to the Jets game in Boston asking if i was "OK" or "Dude someone stole your car and crashed it on Half Mile". Glad to see your okay.

 

You got the ****er's insurance info and some witnesses, no?

 

Parting out those sick fog lights!!!!.... Sorry I just had too..

 

Good one about the fog lights LOL

I yanked them off when i saw how bad they looked w/ the stock headlights. They lasted about 2 days. I guess I still have some of those bad 20 yr old ricer ideas w/ my car. im improved form my 5.0 Mustang with the cobra door locks/etc days tho. LOL.

Also, I want to let this be known that the Z wrecked shop on the Ford Escape. Her car was undrivable and totaled.
The 350 held up very well for the speed and point of impact..

Yes this happened on Half Mile Road Achille. Thats crazy that we have the same car....in retrospect, you getting in an accident may have been better than watching the Jets get smacked down. so sad.
.
BTW Achille (or anyone else local) I have a brand new spoiler that is painted REDLINE. It was sent to me by mistake, and they didnt ask for it back. If you want it, it's yours for free, we can meet in commuter lot. Its the same one I have on my car, youll just have to paint it. Still in packaging..Has held up very good, ..Freebie if you want... H

You always have a payoff quote in the lease. thats why I know what I "owe" But you guys are right.....
I think the Insurance company either pays the car off to the lease company.. or gives the lease company the ACV, and Gap covers the rest. My agent told me my lease has GAP built in, most do these days....

since the car is worth a bit more than is owed on it, im not worried about it. Stop gap only comes into play when you owe more than the car is worth....

and since im not at fault, I dont believe I'll have to worry about anything. but I never like to assume anything in the world of traffic/insurance/ and law.

Would love to have the Z back, but it was a daily driver, and If it is totaled I will have to get something functional, all the while missing the beautiful rumble of that VQHR

Best part is that I am ok and nobody was hurt. Accidents / insurance / etc were not really a thought in my mind. But its funny how 1 second changes priorities! The other lady couldnt leave, her car was totalled.

BTW, $1000 deductible for life. Its still worth it, you save about 40 bucks a month w/ a higher deductible. It pays for itself in 1 year - so unless you plan on crashing yearly , get the highest deductible, it really makes a difference


I'll let you guys knwo what happens - It's being inspected today

 

I must say you are absolutely wrong on this....

lets say I owe 19,000 (most leases have a payoff quote, you can buy the car outright at any time)
nd it is deemed worth 21,000 ........$2000 in equity

I get paid $21,000........since their is a loss payee (the lease co who is technically still owner)
they will be paid off first. they will get $19,000 of the $21,000

Once the car is paid off, NISSAN is DONE WITH ME. It is my car at that point.

the remaining $2000 (now that the "mortgagee" for all intents and purposes is paid)
will go to me....as I now own the car outright ($19,000 has been paid)

Insurance co doesnt care what is owed, they deem it worth an amount - and pay it -
to whoever needs to be paid first, and the rest would go to me.....

If I paid $1,000 a month on my lease, and only owed $10,000 - and they deem the car worth $20,000...
that remaining $10,000 would go to me......



if i was upside down on this lease, and dont have gap, the difference I pay is -

THE ACTUAL CASH VALUE of car vs WHAT IS OWED on car...

not salvage vs. what is owed.

Insurance company will pay the owner or the Lease Co ACTUAL CASH VALUE on almost all policies
Unless you have stated amount or Replacement cost value

I am not perfect, I could (small chance IMO) be wrong, but trust me on this one -
I work in Insurance.....not car insurance, property, but the concept of it is all the same,
I read the policy, I now how they work, and I look at this stuff all day LOL

 

You're right, but look at the "fair market value" of the car. The chances of an insurance company giving the full value of the car are slim to none. Depending on the adjuster, they can depreciate the car for aftermarket add-ons. I wish him the best of luck.

 

every lease has automatic gap coverage

 

First of all the residual value ($19,000 in this case) is the payoff value after you have made all your payments. So the leasing company will want $19,000 plus all of the payments left.

Next

TOTALED.

 

This. +1

 

Only if you request it or the leasing company requires it. I have an H2 on lease from GMAC. They didn't require it!

 

Be interesting to see if the insurance companies find you at fault since you hit her... you were in fact going too fast for the conditions if the right lane was moving slowly. Most of the time, the person hitting the other in the rear/side rear is at fault. Good luck.